By Jack Denton
Robyn Beck/Agence France-Presse/Getty Images
Financial markets have shrugged off the violence and chaos on Capitol Hill, with both the Dow DJIA and S&P 500 SPX hitting new highs on Wednesday and the Nikkei 225 notching another 30-year record on Thursday.
But investor optimism could be tempered as we continue into 2021, as Citi’s global strategy team said that global stocks will be flat over the year, in our
call of the day.
The investment bank’s strategists have predicted just a 2% increase in the benchmark MSCI All Countries World Index XX:892400 over 2021, and have neutralized their inclination for growth sectors in favor of a rotation into value stocks.
Extremists stormed the U.S. Capitol Wednesday as a joint session of Congress was meeting to certify November’s election results for President-elect Joe
Maryland Rep. David Trone posted this photo wearing a gas mask in the Capitol, with the message: “I am safe. We have been evacuated.” (Credit: Twitter)
As the US Senate prepared to certify the results of the presidential election on Wednesday, January 6, protestors stormed the Capitol grounds, with hundreds of people crowding the steps and several gaining access to the building. Both President Donald Trump and President-elect Joe Biden called for the crowds to disperse in televised pleas to the American people, while Vice President Michael Pence and Vice President-elect Kamala Harris echoed their sentiments in social media posts.
One woman was reported shot and seriously injured inside the building, and ultimately rushed to a hospital, where she died several hours later. It was also reported that tear gas was dispersed in the Capitol Rotunda. In an effort to stem the violence, a curfew was imposed in Washington DC, effective from 6 p.m. Wednesday evening until 6 a.m. Thursday m