The week 16.11. – 20.11.2020

The week 16.11. - 20.11.2020

Investors took note of the solid company data and turned their attention to the mixed economic data. The never-ending story of Covid19 and its consequences of unemployment, the dreaded economic downturn and the not-yet-ready vaccination with all its facets ultimately weighed more heavily on investors’ moods, which in turn left a minus of about 1.20% in the S&P500.
ONE SIGNAL could not withstand the confusion and intraday movements and lost about 1.7%. The weekly winner was once again the oil price.

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