Market Wrap October 2021: Energy and Evergrande fear arise

Market Wrap October 2021: Energy and Evergrande fear arise

October 12, 2021

Global shares fell 3.8% and 3% in hedged and unhedged terms, respectively. After a period of strong outperformance, growth stocks led by US tech names were the worst performers in September. Inflation fears amidst energy supply issues in China and Europe was one driver. The prospect of reduced central bank support with lower bond purchases was another.

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