News of successful Covid-19 vaccine trials have sent shares soaring and while the FTSE 100 has drifted off its highs, it is up 14 per cent in November.
The US stock market has also been boosted by positive vaccine news and the election seemingly delivering a result, despite the disputing of it by incumbent President Trump.
This has boosted the global stock market through November but now markets are in something of a holding pattern as they mull over what happens next.
What will President-Elect Joe Biden mean for the recovery, will a next round of US stimulus arrive, and can the world start rolling out vaccines swiftly enough to avoid a long winter of lockdowns?
On this episode of the Investing Show, Simon Lambert and Richard Hunter look at the issues investors are wrestling with and why barring a December collapse 2020 may not end up looking as awful as it did for investments in March.
They also look at the stock market stars of the coronavirus crisis and the nascent recovery – and whether Tesla shares can continue their astonishing rise that on paper has lifted Elon Musk to the world’s second richest person.
