Global Stock Markets Rise Ahead of U.S. Presidential Debate
Global stock markets opened higher this morning in the lead-up to Tuesday’s first U.S. presidential debate, and with China celebrating its National Day and Mid-Autumn Festival on Thursday.
In China, the statistical bureau noted Sunday that industrial profits increased 19% in August, a strong sign as its economy recovers from the pandemic recession.
But is China telling us the truth, the whole truth and nothing but the truth?
In the U.S., regional markets are also showing signs of economic improvement as businesses work to reach the “new normal” of social distancing and mask-wearing.
In today’s video, I have more on what factors will impact the market this week… how the U.S. presidential election will impact stocks… and the top pullback stocks — with entry and exit points.
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