Irish Life’s weekly investment bulletin: week 21, 2020

Global markets rallied almost 3% for the week, breaking out of a range that has largely kept stocks in a holding pattern since late April. YTD the MSCI World TR Index is down -10.6%. Nearly all of the week’s positive momentum occurred on Monday, when the S&P surged more than 3% following comments from US Federal Reserve Chairman Jerome Powell and encouraging early test results for a possible coronavirus vaccine. CLICK HERE

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