Global equity markets are mostly higher this week after investors gave the Biden administration a warm welcome by bidding the S&P 500 and Nasdaq to new heights. Tech stocks led the charge, with old favorites like Netflix and Amazon posting gains. Intel also reported a nice set of results but sold off later during the conference call. Just as Trump has set to change (or undo) the actions from the Obama era, Biden is likely to do the same to him. The policy of constant swings may have huge impact on society. Fortunately, it does not affect our magical stock market. No matter what the politicians throw at it, it just bounces off. Since Biden was elected, the S&P 500 has traded up 14%. That’s the best performance between Election Day and Inauguration Day in history. With a new US president in the White house, what is next for the markets?...