As the S&P 500 stock index inches closer to its all-time high, political tensions are beginning to concern investors - the two main concerns: 1.) a stalemate over the next coronavirus stimulus package and 2.) stresses on the U.S./China relationship. Putting concerns aside, economic data, for the most part, continues to come in positive. The latest numbers on Consumer Sentiment, Labor Productivity, Homebuilder Sentiment and Jobless Claims have all exceeded expectations.
Today, world stocks started the week off strong, as the U.S. and markets abroad finished higher and all continue to trend strong, based on various price averages (i.e. short-term, medium-term and long-term).
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