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Biztech Asia
Home Daily Show

Markets are bullish on Biden administration and global recovery story

by Jing Jee Tim
09/02/21
in Daily Show
1 min read
0

Steve shares his views on how markets performed this morning with major indexes on Wall Street rising to new record highs overnight, with the Dow Jones Industrial Average and S&P 500 notching six straight days of gains.

His view is that markets have confidence in the Biden team and this is coupled with rising belief in a synchronized global recovery story.

Steve also talks about oil markets and what’s fueling the price increases to USD$ 60, is both demand and supply factors.

Guest: Stephen Innes, Chief Global Market Strategist, Axi

Presenter: Brian Fernandez

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