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Good morning, Bull Sheeters. The global rally is on pause this morning as storm clouds—mainly in the form of COVID gloom and Brexit uncertainty— gather. It’s a risk-on morning.
That’s after all three major U.S. indexes closed out last week in record territory. A big thanks to Rey Mashayekhi for taking the keys to shepherd you through that. See, good things happen when Rey is in charge.
Let’s check in on today’s action where I get into Goldman’s bullish call on value stocks for 2021.
- The major Asia indexes are mostly lower in afternoon trading with Japan’s Nikkei down 0.8%.
- China reported a big jump in November exports, its biggest monthly gain since the pre-COVID days