High time for a 'good event': Human optimism key to US market success
Deep Dive into US equities
Julian Howard of GAM Investments
US equities have been the stand-out performers of 2020, with the S&P 500 up more than 5% to 27 October 2020 and the Nasdaq 100 up nearly 32%. In contrast, the FTSE 100 has tumbled - more than 23% over this period.
What has driven this huge absolute and relative performance amid the chaos of the Covid-19 pandemic response? The answer surely lies in the nature of said response. With huge swathes of workers operating...
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