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Asia stock markets slightly higher
January 11, 2021SharePrint
Equity markets paint a mixed picture
Asian markets had a positive start this morning, but those rallies have quickly given most of those gains back after the US said its ambassador to the UN would meet with Taiwan’s President.
Another item garnering market attention was President-elect Biden signalling his intention to spend “trillions of dollars”, notably increasing direct payments to American taxpayers to USD2000.00. As I have touched on previously, the Byrd Rule will make that harder than the markets want to acknowledge unless the Democrats can muster 60 votes in the Senate. Not least because some of the Democrats Senators themselves are very much more to the centre-right of the political spectrum.
2020 in review
Portman
I think we are all ready for 2020 to be over. It’s been a tough year. The health care and economic crises caused by the COVID-19 pandemic have changed so much of our lives, and too many Ohioans have lost their jobs, their businesses, or their loved ones to this disease. The good news is that the vaccines are coming and I am hopeful they will soon help us turn the corner in this pandemic.
During a challenging year, I have kept my focus on delivering for Ohio, and we’ve had a lot of success in getting things done. Back in March, I helped negotiate the bipartisan CARES Act that was our first major legislation to respond to the pandemic. It helped Ohio workers, families, small businesses, and health professionals on the frontlines of this crisis.