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Flash Report November 2020

Markets were greeted on three consecutive Mondays by separate announcements of ready-to-go vaccines. Economic news revealed growth and strong consumer spending, while fiscal and monetary policy makers continued to coordinate efforts to expand global liquidity. Throw in hope for a smooth electoral transition with legislative gridlock, and the markets launched. The secular bull is running hard, even as investor sentiment swells and a long list of political and economic worries set the stage for significant corrections.

WRITTEN BY | December 1, 2020


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