Global stock markets are mixed this morning. Shares in Europe and U.S. futures advanced after U.S. political leaders passed a $900 billion economic aid package, while stocks in Tokyo and other Asian markets fell.
The new economic relief package was approved late Monday night by Congress and will include $600 direct payments to most Americans, extra unemployment benefits for laid-off workers and additional financial support.
But how far will these $600 payments go?
It’s said that the highly-anticipated economic aid package has partly offset concerns about a new and possibly more infectious strain of COVID-19 in Britain that has already limited travel from the United Kingdom.
In today’s video, I have more on why the stock market isn’t responding to the economic stimulus package… the biggest risk for stocks right now… whether I’m bullish or bearish… top sectors you’ll want to target… and the best stocks to own.
P.S. Traditional investing research is becoming obsolete…
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Future of Wealth Head Trader Lance Ippolito’s Weekly Blitz Alert can help you do just that.
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