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January 1, 2021SharePrint
US
The week ahead is all about COVID, the Georgia Senate runoff races, and possibly a negative nonfarm payroll reading.  The US is already setting daily COVID-19 records ahead of the holiday surge and concerns are high the new COVID-19 strain believed to be more contagious is spreading across the country.  The January 5th Georgia Senate will closely be watched to see if the Democrats can pull off the upset and win both races, which would give them control of the Senate.  Before Election Day in November, financial markets priced in for a ‘blue wave’, but that was completely reversed after the strong performance by Republicans.  A Biden administration with Congress on his side would allow for sweeping reform that includes higher taxes, a strong push for more regulation, and clean energy initiatives. ....

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