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Looking at the markets with an eye to the main possibility, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. The opportunity, he believes, stems from obvious factors: Democrats won both seats in the Georgia Senate in the recent ballot, lending majority support of the Biden administration entering both Houses of Congress – and increasing the odds. of significant short-term fiscal law support. More importantly, the coronavirus vaccination program is progressing and reports show Pfizer’s vaccine, one of two approved in the United States, is effective against the new strain of the virus. A successful vaccination program will accelerate economic recovery, allowing states to loosen lockdown regulations and get people back to work. Risks also come from politics and public health. Democrats in the House passed articles of …
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