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The Biden Bump
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The Biden Bump
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#202925
middlemas
The Biden Bump
4 Years, 9 Months ago
Yesterday, global markets had one of the best days for a long time. For example, Wetherspoons shares jumped by over 20%.
Because of two principal issues. Optimism in respect of Biden's arrival - together with the very positive Covid vaccine news.
Financial market euphoria is being held back though by the disappointing UK employment figures, and Brexit uncertainty.
And if an EU trade deal doesn't meet its imminent deadline for agreement - all gains, and confidence, will quickly vanish.
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