Audio: Monday Fontanelle Final Bell with Mike Zuzolo : vimar

Audio: Monday Fontanelle Final Bell with Mike Zuzolo


BY
Rural Radio Network Staff |
December 21, 2020
Image: PBouman/iStock/Thinkstock
Markets started off in risk off territory on Monday, but ended positive for most of the commodity complex. Mike Zuzolo, Global Commodity Analytics, highlights that it may have started as a buy the rumor sell the fact with Congress finally getting a stimulus package near the finish line. Then pushing the risk off button more was London moving back into lockdown with a new strain of Covid-19. At the end of the day with the World Health Organization reassuring traders that the new strain should not be of great concern with the vaccine rollout. That helped to get equities back positive and commodities followed.

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