Lots of raised eyebrows on Friday after the unveiling of incoming President-elect Joe Biden’s new proposed stimulus plan failed to really give risk assets any meaningful boost. Is the move lower in risk assets the start of something bigger or just another temporary pullback?
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The first trading week of 2021 kicked off with a bang as the Senate race in Georgia confirmed a blue wave victory for the Democratic party. The blue wave narrative mostly saw green numbers for risk assets as asset prices mostly reacted in the way one would expect, barring a few subtle surprises as well.
This video explores Contrarian trades and questions whether it’s better to just stick to the trend, and follow the money.
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