IN the UNITED states with Wall Street by optimism these days.
It is due to, among other things, the Russian president, Vladimir Putin, and the possibility of a new aid package in the UNITED states.
on Tuesday rose shares again in the UNITED states, where the S&P 500 index is now approaching rekordhøjde.
the S&P 500 is a stock index of 500 large u.s. companies such as Google, Microsoft and Netflix. One was missing on Tuesday only a measly ten points - or 0.3 percent - from to beat his own record from 19. February of this year.
See also: Putin: Russia has the vaccine against covid-19
Tuesday, Russia as the first country in the world advertise that they have a vaccine ready, even tested on president Putin's own daughter.
The news has sent the courses on the soaring, assess John Petrides, portfolio manager at Tocqueville Asset Management:
- Covid-19 off really light on the economy. It happened very quickly, and the hope is that we, as soon as we have a vaccine and distribute it to the masses, can turn on the switch again, he says to news agency Reuters.
These days increases the expectation among investors, furthermore, that the politicians in Congress will agree to adopt a new stimulus plan to stimulate the u.s. economy. There is talk about an aid package of between 1000 and 3400 billion dollars, estimate experts.
The u.s. S&P 500 index is basically back at the same level as before the coronakrisen. Photo: the S&P 500
The most important factor for the rise in the stock market in the UNITED states must, however, be seen in the light of the low interest rates. It considers Frederik Engholm, who is chief strategist at Nykredit.
Although the interest rates have been low for a longer period of time, he is surprised how quickly the shares have reached the same level:
No one had seen it coming so quickly. I'm surprised that the markets have been willing to price the shares at the same level as before the crisis, when there is so much uncertainty about the here vaccine, he says to Ekstra Bladet.
on the other hand, there is the fact that interest rates have come down so much, as there are very many who do not see themselves invest in other places than in the stock market, deepening chefstrategen.
He points finally to the third quarter seems to be significantly better than the previous, which also creates the positive mood on Wall Street these days.
The u.s. president was also Tuesday over the latest numbers from the S&P 500 index.