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