U.S. stocks jumped to another record yesterday after a brief pause in proceedings over the last few weeks. The rally up to all-time highs are spurred on as investors revel in the approved $1.9 trillion stimulus injected into the U.S. economy.
It isn’t just American markets that are getting a boost. The European Central Bank (ECB) will also be aggressively purchasing assets that have sent treasury yields lower.
Deutsche Bank has conducted a survey that indicates that over $170 billion from Biden’s stimulus checks will pump directly into the stock market.
Where is the best place to invest the new money coming your way as stocks are on the rise?
Watch the full interview for a stock market recap this week and our trading philosophies moving forward.