Global Stock Markets Rise on Upbeat Economic Reports
Global stock markets and U.S. futures advanced this morning following positive economic reports out of China and as more pharmaceutical companies request approval for their COVID-19 vaccines.
Although caution around the short-term economic effects of rising virus cases in the U.S. and Europe remains high, investor sentiment was boosted after the European Medicines Agency said it would meet on Dec. 29 to discuss approving the COVID-19 vaccine made by Pfizer Inc (NYSE: PFE) and BioNTech SE – ADR (Nasdaq: BNTX).
But we’re caught between a rock and a hard place…
In Washington, the U.S. Federal Reserve Chair Jerome Powell said Monday the economic outlook is extraordinarily uncertain and that a complete recovery is far-fetched until we have COVID-19 under control.
In today’s video, you’ll learn why manufacturing numbers are important right now… which factors will drive the global economy in 2021… an update on the global economy in light of COVID-19… and four hot stocks ready for upside.
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