Equity Market Weekly Outlook

22 Nov, 2021
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  • Coronavirus cases are surging across the world, Europe has been hit with another infection wave
  • The University of Michigan Consumer Sentiment Index dropped to 66.8 for November
  • Goldman Sachs analysts believe that reserve use is already priced in Oil and the reserves will only provide a short-term fix, and oil still has room to grow
  • In US, around 4.4 million people resigned in September and 4.3 million in August from their jobs due to several COVID-19 related reasons
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