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Weekly Market Recap | 24 January 2021
By Syfe  •  January 23, 2021
Week Ahead US Consumer Confidence (Jan)FOMC MeetingGerman Q4 GDP Thought Of The Week Biden’s Inauguration; Return to Normality After weeks of a tumultuous transition, Joe Biden was finally sworn in as the 46th President of United States on Wednesday. His predecessor, on the other hand, scooted off to his Mar-a-Lago estate in Florida after pardoning 73 rappers, financiers and lobbyists in his final hours. Overall, the inaugural address by Biden did not give investors any knee-jerking news but was more focused on delivering his campaign promises by “bringing America together” and to be “engaged with the world once again”. After taking office, Biden acted swiftly to reverse some of the most controversial policies such as halting the Mexico border wall, re-joining the Paris climate accord and lifting the travel bans on Muslim-majority countries. He also pledged to vaccinate 100 million American within 100 days, which is an extremely...
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By Syfe
Syfe is a digital investment platform that is building the next generation of financial solutions for individuals across Asia ...
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