The initial shipments of the Pfizer vaccine in the US is providing a bit of optimism as the death toll from Covid-19 approaches 300,000. In addition, a stimulus package of $900 Billion is being rolled out today although it will need bipartisan support to pass before year end.

Finally, the Federal Reserve meets tomorrow and Wednesday and although no one expects a change in rates, the markets will be watching for their commitment to continue buying assets.

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