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?
This Week’s Economic Calendar
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.
2021 is finally here! For anybody involved in the financial markets 2020 was a wild ride to say the least. In our first week ahead video of the year we’ll be taking a look at the major market themes for 2021 as well as the outlook for the major asset classes in line with those themes.
We have a new Brexit negotiation deadline. Will this deadline for Brexit talks be any different than all the other previous ones that have also come and gone? Probably not. But things are definitely getting more serious as we move towards the end of the year.