With the exception of European indices, roughly stable last week, the stock markets continued to recover. German rates were stable, and the uptrend of US rates took a breather. Focus last week was mostly on developments concerning a number of key themes.
Following Joe Biden’s inauguration, reassurances were offered by the new US Treasury Secretary and former Fed Chairwoman, Janet Yellen, that further fiscal stimulus is on its way.
On the other hand, news on the delays in the delivery of vaccine doses in Europe deserve attention
Audio recorded on 25.01.2021