Steve Sosnick, Interactive Brokers’ chief strategist, discusses the latest vaccine news from Astra-Zeneca and Oxford University.
With each new vaccine development, the stock market dynamics are changing, according to Sosnick. Here’s why:
Photo Credit: Yuri Samoilov via Flickr Creative Commons
April has been a struggle for the UK, with the country’s PMI Composite Index falling from 51.5 in the preceding month to 48.2. But even with dour consumer sentiment and a softening job market, UK growth could surprise to the upside.
The debate over stock valuations rages on.
The Federal Reserve’s action to keep long term rates down by buying up 10-year T-notes is often referred to as Operation Twist. Here’s a helpful explanation of how it works, from Marketplace’s Paddy Hirsch.
The Fed, not prospect for US-China trade, is powering the stock market
