Markets are bullish on Biden administration and global recovery story

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