MARKET UPDATE: ECONOMIC GROWTH CONTINUES
Easing lockdown measures and global reopening helped economic recovery to continue in August, though much of the developed world appears to be at or just past the peak rate of growth. Unfortunately, spread of Delta variant of Covid-19 continues and daily cases have picked up across the globe. Stock markets in U.S. and Europe in August continued to deliver positive returns driven mainly by growth stocks.
MONTHLY TOPIC: SOCIAL NETWORK EFFECT
There are 4.3bn active social media users, which is 55% of total world’s population indicating unquestionable dominance of social networks. The key question now is whether the firms are able to use the benefits provided by social networks, and whether investors are able to benefit from the transparency welcomed and unwelcomed by the companies.
Usually consumers highly value transparency and authenticity, which are being greatly stimulated by social networks. 73% of consumers are willing to pay more for the products that guarantee full transparency, which evidently is an obvious pathway to the increased margins.
==> READ THE FULL ARTICLE HERE
12/08/2021
Hérens Quality Asset Management AG