NY to ZH – the daily reporting from New York at the start of the US stock exchange.
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“Never be weak again” remains the motto of Wall Street. Weak days are entry opportunities because interest rates will stay low forever despite the economic recovery, according to Citigroup. A new phase of the rally begins with the gifts from the central bank, says Morgan Stanley.
In addition, Goldman Sachs assumes that at least one Covid-19 vaccine is likely to be waved through by the US health authority before the end of the year. It is even bolder to assume that large parts of the American and European population will be vaccinated by the end of the second and third quarters of next year.
