{"id":40839,"date":"2020-12-28T09:34:37","date_gmt":"2020-12-28T14:34:37","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=40839"},"modified":"2020-12-28T09:34:37","modified_gmt":"2020-12-28T14:34:37","slug":"the-impact-of-brexit-and-the-signed-stimulus-package","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=40839","title":{"rendered":"The Impact Of Brexit And The Signed Stimulus Package"},"content":{"rendered":"<p><a href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/global-markets-shares-lifted-by-us-stimulus-cheer-and-brexit-relief\/ar-BB1ci8IO\" target=\"_blank\" rel=\"noopener\">MSN<\/a> is reporting the following today:<\/p>\n<p style=\"padding-left: 40px;\"><strong>Global shares rose and U.S. bond yields ticked higher on Monday after President Donald Trump signed a $2.3 trillion spending package and as investors continued to celebrate a last-minute trade deal clinched between Britain and the European Union.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>By backing down from his earlier threat to block the bipartisan bill, Trump allowed millions of Americans to continue receiving unemployment benefits and averted a federal government shutdown.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>&#8220;As the coronavirus pandemic has shown little sign of abating, the emergency aid was needed to avoid a sharp slowdown in the economy during the first quarter,&#8221; said Nobuhiko Kuramochi, market strategist at Mizuho Securities.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>&#8220;It would have been unsettling if we hadn&#8217;t had it by the end of year,&#8221; he added.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>&#8230;Germany&#8217;s export-oriented DAX surged to a fresh record high, reflecting relief over the Brexit deal, while the British market was closed for the Boxing Day holiday.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>&#8220;We can finally move on from the Brexit drama,&#8221; said Win Thin, global head of currency strategy at Brown Brothers Harriman.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>&#8220;After the last-minute deal was struck last week, the UK parliament will vote on the deal Wednesday. With (opposition party) Labour promising its support, it should pass handily,&#8221; he added.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>Earlier Japan&#8217;s Nikkei advanced 0.7% and China stocks also rose, helped by strong industrial profit data. MSCI&#8217;s broadest index of Asia-Pacific shares outside Japan rose 0.1%.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>The rollouts of COVID-19 vaccines were also bolstering hopes of more economic normalisation next year, with Europe launching a mass vaccination drive on Sunday.<\/strong><\/p>\n<p>There is some downward pressure on the financial markets as a result of the new strain of the coronavirus. However, I wonder if we have reached the point of reliving &#8216;the boy who cried wolf.&#8217; The coronavirus is serious, and it does represent a major health threat. However, it is time to replace fear with logical thinking&#8211;protect the vulnerable and let the rest of us go on with our lives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MSN is reporting the following today: Global shares rose and U.S. bond yields ticked higher on Monday after President Donald Trump signed a $2.3 trillion spending package and as investors continued to celebrate a last-minute trade deal clinched between Britain &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=40839\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10071,13263,13279,12562,10589,13280],"class_list":["post-40839","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-brexit","tag-coronavirus-relief-package","tag-global-shares","tag-msn","tag-president-trump","tag-u-s-bond-yields"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/40839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40839"}],"version-history":[{"count":2,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/40839\/revisions"}],"predecessor-version":[{"id":40841,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/40839\/revisions\/40841"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}