The second week of the new year hasn’t been very dramatic, at least for the markets. However, with frightening coronavirus headlines, markets are waiting for tomorrows unveiling of Biden’s economic relief program. Expectations are for “trillions” of dollars in recovery aid. In addition, Powell will be interviewed tomorrow by the Director of the Princeton Bendheim Center for Finance, Markus Brunnermeier. Traders will be listening to Powell’s language to see if he echo’s recent comments that the Fed may look to begin tapering before the end of the year. DXY On Monday, we discussed the possibility the US … (full story)
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