Greetings,
Equities: Stocks rallied sharply on the US election outcome and vaccine news.
The Dow surged nearly 3%, boosted by financials and energy.
Credit: US business loan balances continue to shrink as companies pay down their revolving facilities and refinance loans in the capital markets.
China: The latest five-year plan reflects a shift in key strategies, focusing on areas such as security and technology.
Eurozone: Below is the share of employees in “lockdown” sectors.
United States: State and local infrastructure spending has declined over the past 60 years.
Food For Thought: US imports of Christmas tree lights:
Edited by Devon Lall
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