Risk Off
Comment of the Day

October 28 2020

Commentary by Eoin Treacy

Risk Off

Eoin Treacy's view

The vast majority of markets pulled back today and the Dollar strengthened. The tightening on restrictions on movement and economic activity in Europe and the prospect of taxes rising in the advent of a Democrat clean sweep in next week’s election have sapped demand. The failure of the USA’s political parties to agree on additional stimulative measures represents a loss of the liquidity which has helped to support earnings and speculation.

Click HERE to subscribe to Fuller Treacy Money Back to top