Markets have reacted positively to US President Trump´s return to the White House. Uncertainties surrounding his medical condition remain, but investors seem increasingly focused on the stimulus package debate – Market Analysis Today: Despite uncertainties, investors focus on stimulus package .
The odds of Republicans and Democrats agreeing on another multitrillion-dollar package have improved somewhat in recent days.
It is clear that the Federal Reserve cannot save the economy on its own, and the pressure on both parties to reach an agreement is rising. A deal would be music to investors´ ears and give the stock market rally – which is already on shaky ground – a significant boost.
In Europe, market participants keep a wary eye on the rising COVID-19 cases on the continent, but there are no signs of panic yet.
Investors are optimistic that EU governments will try their best to prevent another drastic and nationwide lockdown. They are trying to keep the situation under control until an effective vaccine is on the market, and at the same time, not imposing too many restrictions on daily life.
Nevertheless, there is the question of what kind of increase in new cases governments will be able to tolerate before they see themselves forced to take stricter measures.
Market Analysis Today: Despite uncertainties, investors focus on stimulus package