Issue 52 – Christmas Cheers

A Snapshot of the Week Ended December 18, 2020:

On Thursday, the stock market advanced to another all-time high even though new macroeconomic data points revealed hiccups in retail sales, industrial production and jobless claims, clearly suggesting that the pace of the recovery is slowing down. Moreover, stimulus talks remained snagged, new trade tensions with China erupted, and Covid-19 caseloads kept on rising.

 

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By Hubert Marleau

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By Hubert Marleau

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