Global Stocks Subdued as US Waits for Economic Aid

Here's how you can stay ahead… and safe

Published: October 20, 2020

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Roger Scott

20+ years of trading experience managed over $900 million teaching thousands daily.

Global Stocks Subdued as US Waits for Economic Aid 

Global stock markets are subdued this morning as hopes dwindle that a fresh U.S. economic stimulus deal will be reached before the presidential election on Nov 3. 


Although local governments are doing everything they can to prevent a second wave of COVID-19 from happening, conditions in Europe just keep getting worse. Some cities have already applied new restrictions, such as curfews and restricted travel, to contain the virus. 


But I'm calling it right now: Wave 2 is on the way… 


In the U.S., the main focal point for investors has been economic aid given the crippling setback from social distancing restrictions and business shutdowns. While most stocks are trading higher this month, the stock market has been choppy from day-to-day. 


In today's video, I have more on where we stand in terms of the economy… momentum levels for the three major U.S. indexes… and a few stocks primed for potential breakouts. 

Get today's market action

Positive Economic Data Pushes Global Shares Upward



October 19, 2020

Global shares opened strong this morning after China reported its economy advanced at a 5%.

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COVID-19 Spike Has Global Stocks Mixed



October 16, 2020

Global stock markets are mixed this morning as concerns rise over the U.S. presidential election and a new economic stimulus package.

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