Review of Financial Markets (October 16 to December 1, 2020)

The changes observed in the stock markets towards the end of 2020 point to the evolvement of expectations for growth in the share market, based on the scenario of a relatively rapid recovery of the world’s leading economies. In the context of soft monetary policies pursued by central banks, this is fraught with the risks of the formation of certain financial asset bubbles. Considering that in many countries during the pandemic, Russia including, the market has been entered by millions of new unsophisticated investors, these developments call for an increased responsibility of regulators in maintaining stability in the financial markets and protecting the interests of private investors