Page 10 - David Grider News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The coronavirus pandemic defined 2020, upending our lives and bringing unprecedented shocks to markets and investors. Next year, however, is looking a whole lot brighter. Make no mistake: As we cross into the new year, the virus is still raging, with new infections near peaks in the U.S. and much of Europe, where millions of people are living under strict lockdowns. The much-heralded rollout of the Covid-19 vaccines isn’t going as smoothly as hoped. The U.S. is expected to miss President Donald Trump’s target to inoculate 20 million Americans by year-end. In the European Union, there is s...

Ultra-loose global central bank policies boost bitcoin demand The Federal Reserve made no policy changes on Wednesday, but reiterated that monetary policy would remain extremely loose over the medium term as the Fed looked to run a hot economy to cut unemployment. Global central banks are determined to main very loose financial conditions which creates a very favourable environment for assets such as cryptocurrencies. There is also increased optimism that the US Congress will pass a fiscal stimulus package this week. A support package would boost the economic outlook and tend to undermine rea...