Business
Wall Street’s Biden boom; ASX set to edge lower – Sydney Morning Herald
The Dow Jones just notched its best first 100 days under a new president since Franklin Delano Roosevelt took office in 1933.
The broad story is one of case counts on the whole being lowered across the majority of the world and vaccines ramping up generally across the world and thats getting us back to normal, said Jason Pride, chief investment officer of private wealth at Glenmede.
Theres also the trillions of dollars in government support that has gone out to help the US economy recover from the pandemic. The Commerce Department said US household incomes surged 21 per cent last month, driven largely by the $US1400 ($1813)…
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