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Global equity markets roared higher on Monday after the drug companies Pfizer and BioNTech announced that their coronavirus vaccine was 90% effective in tests! This highly encouraging development has injected investors with a sense of hope that economies around the world could soon return to normal. It must be kept in mind that stock markets had already been on a tear in response to Saturday’s news of Joe Biden defeating Donald Trump to claiming the White House. The positive vaccine news is the icing on the pudding and has offered markets an incredibly sense of relief at a time... Read More
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