Extra free cash!!!
That's what traders are hoping for this afternoon because the Fed winds up their 2-day assembly and we'll have their price resolution at 2pm. It's as much as the Fed to save lots of Christmas as we don't also have a President but, with Joe Biden main Donald Trump 253 Electoral Votes to 214. You want 270 to win and Biden appears to have Arizona (11) locked up however solely an 8,000-vote lead in Nevada (6) and Biden is eighteen,000 votes benind in Georgia (16), 77,000 behind in North Carolina (15) and 164,000 behind in Pennsylvania (20). So Biden can win any two states to win and Trump is in large bother, mainly.
Particularly as late voting, which is both mail-in voting or large metropolis voting, strongly favors Joe Biden. Because of this Trump supporters are protesting to "cease the rely" across the nation. Having each vote counted is one thing Democracies do – that is America!
We've had a spectacular 260-point (8%) transfer up to now 5 days on the S&P 500. A ten% run would have taken us to the 25% line at