Bloomberg: “Tech Powers Stock Rally With Stimulus in Focus” - DataTrek Research
07 Jan
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Bloomberg: “Tech Powers Stock Rally With Stimulus in Focus”

By admin_45 in IN THE NEWS Bloomberg: “Tech Powers Stock Rally With Stimulus in Focus”

Excerpt from Bloomberg quoting DataTrek's Nick Colas:

.... "Markets (rightly, in our view) see the U.S. government as ultimately a stable-enough set of institutions even if things occasionally go pear-shaped,” Nick Colas, co-founder of DataTrek Research, wrote in a note to clients. “Politics play second fiddle to economic and corporate fundamentals when it comes to setting asset prices. The country’s economic future coming out of the pandemic remains promising"....

Read the full article here on Bloomberg!

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