Global stock markets and U.S. futures rose this morning as investors anticipate more economic stimulus once President-elect Joe Biden takes office.
And with the Democrats’ full control in Washington, Wall Street is already expecting the Biden administration and Congress to deliver $2,000 payments to most Americans. That’s why the market is so bullish right now.
In Tokyo, Prime Minister Yoshihide Suga’s new state of emergency asks people to stay home and avoid going out. However, officials don’t have enough power to enforce strict lockdowns like the ones seen in other states.
This is bad news for us, folks...
In today’s video, I’ll explain what unemployment data is reflecting in the stock market… why we need to pay close attention to the put/call ratio… where the biggest risk exists in the market… where to find the biggest profit opportunities… and an overview of the long-term bond market.