Dawn chorus: Dow hits 30,000
US stock markets rally to record high on hope for new money printing, Biden transition go-ahead and new vaccines, while Covid-19 fills US hospitals to breaking point
TLDR: All over the world, politicians and investors are grappling with the most bizarre juxtapositions. The Dow rose to a record 30,000 this morning despite reports the latest wave of Covid-19 infections is overwhelming hospitals across the America. Investors are instead focused on the prospects of yet more money printing and stimulus, although the hope…
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