🤔 What will please this week:
▪️ The pre-election week has kicked off in the US, so the markets are unlikely to receive the long-awaited second stimulus package. The giants Microsoft, Google, Fabecbook, Amazon and Apple should also report. Everyone is sure that they are doing fine, but still anxious and better to wait. Therefore, stock America is likely to be stuck in a flat or even slightly corrected.
▪️ A radically opposite picture in the cryptocurrency market. Bitcoin closed the week above $ 13,000 for the first time since 2018, the media are full of headlines that, following PayPal, cryptocurrencies will be connected to Visa and Mastercard, and forecasters are warming up the crowd with stories about a possible rise back by $ 20,000 in a short time. All of this may be one big trap, but it says a lot about the fact that the crypto market is on the cusp of a powerful decisive movement.
▪️ The trend of the global economy is set by the gaining momentum of the coronavirus pandemic. The forecast that states will not introduce a new quarantine until recently showed itself perfectly in the summer and early fall. But now the medical system of a number of countries has begun to burst at the seams and they are forced to adopt tougher bans. What meets with mass protests, because for most people the fear of infection is somewhere far away, but the danger of being left without money due to job loss or business closure is a problem here and now.