And, whether additional fiscal stimulus will be forthcoming in the US is not yet clear. by John Podhoretz. We believe the economy will recover and we’ll eventually get past most of the effects of Covid-19. As lockdown restrictions eased, a second wave of COVID cases surged across Europe and India. https://www.perigonwealth.com/global-market-commentary-september-2020 The expanded unemployment rate, which does take account of these workers, increased by 2.3 percentage points to 42%. The firm bought roughly $4 billion in options tied to underlying shares it had earlier purchased in firms like Amazon, Microsoft and Netflix. The Incrementalists and the Revolutionaries, Destroying the Past to Purify the Present, My Kids and Their Elite Education in Racism. Join the hundreds of thousands of people who are taking control of their personal finances and investments with tips and market insights delivered straight to their inboxes. Monthly summary of Botswanian market performance indicators, China Market View. “The flash Composite Purchasing Managers’ Index (PMI) reached a three-month low, driven by a downturn in service sector activity.”. CHART OF THE MONTH: THE MID-CAP OPPORTUNITY. Following the death of Supreme Court Judge Ruth Bader Ginsberg, the prospect of a pitched battle over a Supreme Court candidate amid the election makes an agreement over additional fiscal stimulus even more unlikely. The Outlook: September 2020 Economic commentary Previous article. Monday, September 14, 2020 Top Cardiology Care Hospitals in the Mid-East Region of the U.S. Leading the way for the market recovery in 2020 is large cap growth stocks, particularly in the United States as there was a flight to quality. The Persecution Of Assange And The Feckless MSM (September 21, 2020) Posted in Cameo In Courage Award, First Amendment, Journalism, Newspapers, Press/Media on September 21, 2020 by e-commentary.org. Saudi Aramco cut the price of Arab Light crude for Asia and also reduced the price for U.S. buyers. In the most recent (20-21) U.S. News & World Report rankings of American hospitals, nearly 600 hospitals were evaluated for their proficiency and effectiveness in … Posted by Edward Weber | September 2020. Stop the Unraveling. RisCura is a purpose-driven global investment firm that offers investors unique insights and guidance to help shape the future world we all want to live in whilst still achieving and exceeding financial goals for its clients. Monthly commentary on key happenings in the Chinese market, Global Commentary September 2020 Commentary. The SARB has also opted to halt its purchases of government securities in the secondary market, confirming its clear intention not to use its balance sheet to fund the national budget deficit. Figure 1: September -3.9% SPX Stableford Capital Market Commentary September 2020. This was the second consecutive month of price cuts for barrels to Asia. The United Kingdom (UK) has also enforced stricter lockdown measures. Don’t get us wrong, we’re optimistic. IDaaS: A New Era of Cloud Identity. Join 21,464 other followers Subscribe to the Armchair Commentary . The Economy Takes on a New Shape. . Monday, September 14, 2020 Top Cardiology Care Hospitals in the Mid-East Region of the U.S. September 2020 Commentary After the furious market rally following March 2020’s COVID-induced low, equities finally took a breather and retraced some of those gains. Economic commentary issued in September 2020, primarily analyzing data and economic indicators covering the month of August 2020 – while also looking ahead to upcoming data releases. Saudi Aramco cut the price of Arab Light crude for Asia and also reduced the price for U.S. buyers. By ATB Investment Management Inc. The Pender Corporate Bond Fund gained 0.5% in September, continuing the positive trend that the Fund began after March 2020. Subscribe via Email. As a result, mobility-tracking data produced by Google and Apple shows people are willingly travelling less in these regions, putting increased pressure on companies that generate revenue from people moving about. Market Commentary – September 2020 July kicked off the third quarter with a bang as stocks surged throughout much of the month. “After a two-day monetary policy meeting, Fed Chairman Jerome Powell emphasised the uncertain path of economic recovery.”. Important to note, however, is that the official rate does not include discouraged workers, those who are able to work but not actively looking for work. Private Equity Performance Report The prophesy effectively became self-fulfilling. International Market Commentary 17 September 2020. The recovery in both the Eurozone and the UK is tentative at best, and the parties can ill-afford to divert attention to political wrangling. . The NASDAQ has been selling off since the news broke. PSA, PSA Dynamics, and Advances in Imaging: PSA and the PSADT (PSA doubling time) Guide the Management of Prostate Cancer. The FTSE100 lost 1.54% and Sterling lost ground against the dollar as the UK Parliament introduced legislation that would undermine the existing agreement with the European Commission and increase the likelihood of a no-deal Brexit. Chinese markets, however, joined global peers in heading lower, with the MSCI China and MSCI China A Onshore closing 2.7 and 4.8% lower respectively. Lost your password? This has led to both value and international stocks being undervalued. It was a tale of two halves for the FTSE 100 index in August. Download the September 2020 Market Commentary Report. Introduction August used to be known as the ‘silly season’ – a phrase coined by the Times in 1861 to describe the lack of news in August and early September when parliament was in recess. Commentary September 2020 Commentary. Opposite each reference is the page number on which Scriptures appear in this edition of the Commentary. The company put a halt on a planned investment of about R5 billion due to the prolonged ban on alcohol sales. Iraq, one of the biggest players in the Organisation of Petroleum Exporting Countries (OPEC), has ratchetted up its oil exports. Large Cap Commentary-September 2020 09 October 2020 For several months I have talked about the skew in market performance between the Russell 1000 Growth® Index – large, growthy companies and the Russell 1000 Value® Index – large, not so growthy companies that frequently are more sensitive to changes in the economy. Reference Page Reference Page Genesis 37:2-11, 23-24a, 28 . Pender Fixed Income – Manager’s Commentary – September 2020 Written by Geoff Castle The Pender Corporate Bond Fund gained 0.5%[1] in September, continuing the positive trend that the Fund began after March 2020. 1 of 18 Q3 2020 QUARTERLY COMMENTARY 30 SEPTEMBER 2020 I N V E S T M E N T S A N D S U P E R A N N U A T I O N. 2 of 18 Q3 2020 There’s no easy way to begin a quarterly commentary after the Equity Strategy’s poor returns in this calendar year to date. Against this somewhat gloomy backdrop, cash was the best performing asset class during September, returning 35 bps for the month. Commentary on the public sector finances – July 2020. The large-scale sell-off in tech stocks was somewhat unexpected, with news of a NASDAQ “whale” creating jitters amongst investors. Your email address will not be published. This has led to both value and international stocks being undervalued. CHART OF THE MONTH: THE MID-CAP OPPORTUNITY. Commentary | 9/30/2020 | ... Commentary | 9/1/2020 | … What ‘preference falsification’ might suggest, How Rye Country Day School reflects the madness of our times, My violin and me—through Communism, terrorism, and anarchy, Review of 'White Fragility' by Robin DiAngelo, Review of 'The Kill Chain' by Christian Brose, Review of 'Ghosting the News' by Margaret Sullivan. Subscribe. Content posted in September 2020. . Takeaways & Key Expectations. Democrats and Republicans were at loggerheads about another round of relief packages, with no formal negotiations since early August. 03 September 2020. South Africa’s GDP for the second quarter of 2020, the period during which the country was in hard lockdown, fell by just over 16% quarter-on-quarter, giving an annualised growth rate of -51%. Interest rates remained relatively rangebound throughout the month and the duration-sensitive Barclays Agg returned -0.05%, its second straight monthly decline. Equity Market Commentary - September 2020 . South Africa moved to lockdown level 1 on 21 September, but many observers are concerned that the move to open up the economy is too little too late. Market Commentary: September 2020 Elections vs. the Market Part Two: Party On! Commentary on the public sector finances – January 2021. Trump interrupted Biden on numerous occasions and repeated baseless claims about the proliferation of fraud tied to mail-in voting. . The Brave Report: Market Commentary for January 2021 January 7, 2021 - 2:57 pm; The Brave Report: Market Commentary for December 2020 December 7, 2020 - 4:29 pm; The Brave Report: Market Commentary for November 2020 November 9, 2020 - 11:53 am; The Brave Report: Market Commentary for October 2020 October 7, 2020 - 11:13 am We thought you might. Higher taxation rates and stricter regulations are likely irrespective of the election outcome. Itis the kind of rhetoric that leaves traders rushing to hedge bets in case market volatility spikes in the period surrounding the election. Share this. Posted on August 20, 2020 by WIL Attorney. JC Wealth; Wealth; Market Commentary August 2020. View Content By Month. Annual guide to accessing Africa's growth “This, as equities took support from the election of Japanese Chief Cabinet Secretary Yoshihide Suga as leader for the ruling party in a landslide victory. RisCView Namibia In the UK, the index saw an even sharper decline, dipping by 3.4 points (although remaining in expansionary territory, albeit off a low base). 6.3 Gaming Duty Global markets were unsettled during September against a backdrop of a second wave of coronavirus cases, mixed economic data and ahead of a contentious election in the United States. Source: Bloomberg, from 6/30/00 to 8/31/20. . Daily summary of market performance indicators . September 2020. Opposite each reference is the page number on which Scriptures appear in this edition of the Commentary. Portfolio Manager's Commentary, September 2020. Pender Fixed Income – Manager’s Commentary – September 2020. The MSCI World declined by 3.45%, while Emerging Markets fared better than developed peers, as the MSCI EM dipped 1.6%. .3 Equity Market Commentary - September 2020 . Net market liquidity with the Central Bank was a Surplus of Rs 171.42 Bn on Monday from a Surplus of Rs.188.97 Bn on Friday (25.09.2020… The Outlook: September 2020 Economic commentary Previous article. Introduction August used to be known as the ‘silly season’ – a phrase coined by the Times in 1861 to describe the lack of news in August and early September when parliament was in recess. Market & economic outlook. Global markets were unsettled during September against a backdrop of a second wave of coronavirus cases, mixed economic data and ahead of a contentious election in the United States. Monthly performance ranking of equity and balanced products in South Africa by Christine Rosen. A collection of articles about Election 2020 Commentary from The New Yorker, including news, in-depth reporting, commentary, and analysis. Global Market Themes. The STOXX All Europe lost 1.46%. A collection of articles about Election 2020 Commentary from The New Yorker, including news, in-depth reporting, commentary, and analysis. Saudi Arabia cut its oil price for October delivery amid signs it believes fuel demand is weakening. Investors were encouraged by solid employment growth, a rise in personal income and consumer spending, a surge in the housing sector, and … 03 September 2020. Such manipulators will come into a market, buy up large amount of stocks and drive up prices. gfm_admin. Don’t get us wrong, we’re optimistic. The IHS Markit South Africa Composite PMI also rose by a decent amount, reaching 49.4. Small Business Pulse Survey: Regions Footprint. . This is the quickest pace on record. And, the first in a series of three debates, acrimonious and chaotic as it was, did little to assuage these fears. Receipts reached a low of £11 million in September 2020, less than the £14 million seen in September 2019 and only slightly higher than the £10 million seen in September 2018. RisCFlash Botswana The Great School Wars. Order by 3/8/2021 2:00:00 PM and choose Overnight shipping at … Monthly summary of key African market performance indicators Currently, the US Federal Reserve Bank (the Fed), and other central banks, remain extremely accommodative. Did ‘Isaac the Prince’ fail to make himself a king of classical music? Market & economic outlook. Libya’s civil war has also abated, increasing production from that country. Media Commentary. In the most recent (20-21) U.S. News & World Report rankings of American hospitals, nearly 600 hospitals were evaluated for their proficiency and effectiveness in … Leading the way for the market recovery in 2020 is large cap growth stocks, particularly in the United States as there was a flight to quality. Bitcoin finished down 8.61% while the Bloomberg Galaxy Crypto Index (BGCI) saw a 14.70% drawdown for the month. Interest rates remained relatively rangebound throughout the month and the duration-sensitive Barclays Agg returned -0.05%, its second straight monthly decline. February 19, 2021 – 118 KB . Posted on September 30, 2020 September 30, 2020 by Neal. The September 2020 Visa Bulletin was released yesterday. Pender Fixed Income – Manager’s Commentary – September 2020 Written by Geoff Castle The Pender Corporate Bond Fund gained 0.5%[1] in September, continuing the positive trend that the Fund began after March 2020. Home » Our news and updates » Stock market and economic commentary September 2020; Tags: Boris Johnson, Brexit, covid, deal, stock markets, trade, treaty, US elections Category: Investment management “The best thing about the future is that it comes one day at a time” Abraham Lincoln. 6.3 Gaming Duty Heineken, best known for its beer-manufacturing, has called off a R1.5 billion investment, while Consol Glass (also somewhat reliant on the liquor industry) has suspended construction of a new glass manufacturing plant valued at R1.5 billion. September 2020 Commentary After the furious market rally following March 2020’s COVID-induced low, equities finally took a breather and retraced some of those gains. by James B. Meigs. ... View Commentary Highlight Video. For digital assets, September was one of those instances. Market Commentary September 2020 Insight Financial Associates. It is therefore not surprising that the country shed many jobs in Q2 – 2.2 million people lost their livelihoods, according to the latest Quarterly Labour Force Survey released by Statistics SA (Stats SA) on 29 September. Gold prices dipped by 4% during September. Returns of the FTSE/JSE sectors and indices, Get the monthly Market Commentary Delivered To Your Inbox, Africa There was a significant increase in the number of people in this category, as many jobseekers lost hope of finding employment during the pandemic-related lockdown. Further detail on in-year fiscal forecasting and monitoring. Education Series for Institutional Investors. The SARB left the repo rate unchanged at its latest Monetary Policy Committee (MPC) meeting on the 17 September. Small cap stocks, as measured by the Russell 2000, returned –3.27% in September, following positive returns in July and August. Previously red-hot large cap technology stocks corrected during the month as stimulus negotiations continued to weigh on the markets. Since the primary mandate of the SARB is inflation-targeting, and not economic growth, its reticence to adjust the interest rate is justified. . The supply-demand mismatch has consequently caused the drop in the price of black gold. You Don’t Really Own Your Own Gadgets. . October 9, 2020. Commentary on the public sector finances – January 2021. Actual gold has also lost some of its lustre, with investors turning instead to other safe-haven assets such as government bonds and currencies such as the Japanese Yen.