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If, like many Americans, you went to bed with a sense of unease after the tumult in Washington, you’re probably feeling some relief this morning.
The market seems stable after Congress certified Joe Biden’s election win following unrest on Capitol Hill. Investors also apparently have more clarity now that the results of Georgia’s Senate runoffs have been projected, solidifying Democrat control in Washington and increasing expectations of more stimulus to come.
With the political tensions easing, more stimulus expected to help boost the economy, and coronavirus vaccines helping bring a measure of calm to investors and traders, it seems that the market can now focus on earnings season.