2020 IPO Mania Reminiscent Of Dotcom Bubble?
Stephen Innes, Chief Global Market Strategist, Axi
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Why did US equities fall even after the FDA approved the emergency use of Pfizer’s vaccine? The Morning Run speaks to Stephen Innes, Chief Global Market Strategist at Axi, about the other factors affecting risk sentiment on Wall Street.
Stephen also gets into the current US IPO mania with thoughts on Doordash and Airbnb, the value proposition of AstraZeneca's $39 billion takeover of Alexion, as well as how he's positioning his portfolio going into 2021.
Produced by: Mike Gong
Presented by: Lyn Mak, Roshan Kanesan
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Tags: investing, investment strategy, 2021 outlook, airbnb, doordash, astrazeneca, alexion, IPO, M&A, aussie dollar, dotcom bubble,