Sep 18, 2020 7:00:00 AM | LGT Navigator
LGT Navigator: Investors awaiting next impulses
The promise of the US Federal Reserve to hold on to its quasi-zero interest rate policy for a long time to come was not able to help the stock indices to make any great advances. In addition, disappointing US economic data and further pressure on technology stocks such as Apple, Amazon & Co. led to disillusionment and increased investor restraint. At the end of the week, investors seem to be waiting for new impulses for the time being. In the meantime, global Covid-19 infections have exceeded the 30 million mark worldwide. The USA, India and Brazil continue to report the highest case numbers.