A Santa rally is coming

Mon, 30 Nov 2020

The prospect of a covid-19 vaccine and improving business sentiment will see the domestic market up more than 5 percent in November and kick off a further – Santa – rally in December.Wall Street also fared well in November, with the Nasdaq closing at a record high on Friday in a holiday-shortened week.On the vaccine front, the British government appointed a vaccines minister on Saturday as it prepares to inoculate millions of people against the coronavirus, potentially starting within days, AP reported. According to the Guardi...

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