Global stock markets edged higher today as 2020 comes to a close Thursday. Shares in London, Paris, Hong Kong and Shanghai rose, while Tokyo’s benchmark retreated after surging to a 30-year high on Tuesday.
That doesn’t look like a bear market to me...
In the U.S., President Donald Trump’s attempt to increase individual economic relief checks to $2,000 was blocked by the Republican-led Senate. For the time being, most will see $600 direct payments, extra unemployment benefits for laid-off workers and aid for other government functions.
In today’s video, I have more on which U.S. Federal Reserve reports will continue to impact the stock market… the most probable trading action for the first quarter of next year… and which sectors are prone to either rise and fall next.