Shares of American companies rebounded last week, forging into record territory before edging back by the close of the trading week on Friday, Dec. 18. When then dust cleared, US stocks led most of the world’s major asset classes, which posted solid gains, based on a set of exchange traded funds. The outlier: a fractional loss for US investment-grade bonds.
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Daily Archives: December 21, 2020
Macro Briefing: 21 December 2020
* Congressional leaders reach deal $900 billion Covid-19 aid package
* House and Senate will vote today on Covid-19 relief bill
* UK isolated in Europe after reporting highly infectious new strain of the virus
* Cyberattack on the US government is much worse than initially fearred
* 2020 has been a year of whipsawed economic forecasts
* US Leading Economic Index continued rebounding in November: