It's hoped that the stimulus package and vaccine rollouts will stimulate consumer spending, with the latter also freeing up businesses to re-open to pre-Covid levels. The mixed signals may be a function of lingering worry about the new coronavirus strain. That seemed to end up being the case during Monday’s session as U.S. equities ended up staging a pretty impressive recovery. At the end of the day, it seems that there are still strong tailwinds for the bulls in the form of stimulus and vaccines. New Inflation Reading: Tomorrow, investors are scheduled to get the latest reading on the Fed’s preferred inflation gauge, the core personal consumption expenditure price index.

Source: Forbes December 22, 2020 14:48 UTC