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Happy Friday, Bull Sheeters. Take a breather. The markets certainly have. The “relief rally,” the “Biden bounce,” the glee over gridlock—whatever you want to call it—is on pause after stellar markets gains the past few days.
The vote count—of course we’re heading right there—continues to show a tightening race in Georgia (Biden up 917 votes, as I type) and Pennsylvania (Trump up 18,229 votes). The moment Georgia went blue, shortly before 4:30 a.m. Atlanta time, U.S. futures bounced off their lows.
Let’s check in on the action.
- The major Asia indexes are mixed in afternoon trading with Japan’s Nikkei up 0.9%.
- President Xi Jinping has delivered his longterm economic outlook, saying the Chinese economy should double by 2035. What’s