Summary for January 2021
Presented by Mackenzie Investments

  • COVID-19 cases decline sharply amidst vaccine rollouts; virus mutations remain a concern
  • Under heavy security post the US Capitol riot, US President Biden takes office: Signs 42 executive orders and proposes a $1.9 trillion fiscal stimulus bill
  • Heavily shorted stocks: GameStop, AMC and Blackberry exhibit extreme volatility garnering headlines as retail investors pile in
  • US Q4 Corporate earnings are coming in better than expected thus far

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