Aug 13, 2020 7:00:00 AM | LGT Navigator
LGT Navigator: Unwavering equity investors sustain stock market rally
By mid-week, the positive mood on European stock markets had initially weakened, but then gained considerable momentum again in New York and this morning in Asia. Despite the ongoing controversy in Washington over the new corona aid package, investors seem convinced that an agreement will finally be reached and that the funds will allow the economy to recover. Even the currently worryingly rising Covid-19 infection figures, for example in Germany, have not dampened optimism.