PFIZER VACCINE PREVENTS 90% OF COVID INFECTIONS IN LARGE STUDY
— zerohedge (@zerohedge) November 9, 2020
Optimism abounds. The “trifecta of knowing who the next president will be, that the end of the pandemic is at hand and that sufficient economic stimulus will be available for the interim will mark the bright start of the New Economic Cycle in 2021:” Citi's Bailin & Wieting
— Lisa Abramowicz (@lisaabramowicz1) November 9, 2020
biden pump + vaccine pump
— Alastair (@StockBoardAsset) November 9, 2020
#GoldmanSachs raised forecast for #yuan after Joe Biden won the US presidential election, expecting the currency to strengthen to 6.3 per US dollar in the next 12 month.
— YUAN TALKS (@YuanTalks) November 9, 2020
Political narratives used to explain (ex post)moves up in #stocks in the last few weeks
Trump win is good
Divided govt is good
Blue wave is good
Divided govt is good
Now: All good as no street violence.
Better explanation
Repeated evidence of central bank support for asset prices— Mohamed A. El-Erian (@elerianm) November 9, 2020
Stimulus stalemate likely to last at least until the two GA Senate races are decided in January — & it can extend if Republicans end up retaining control of Senate, a troublesome scenario for risk assets but a good sign for dollar bulls who’ve been battered of late.@business
— Danielle DiMartino Booth (@DiMartinoBooth) November 9, 2020