The Narrative

Global stocks hit new highs and the dollar dropped a fourth day as investors leaned into the narrative. Joe Biden's first full day in office revolved around the new administration's pandemic response. Apparently, Donald Trump's testing and vaccination plan was "non-existent," according to some sources, so Biden is effectively starting from scratch. Or at least that's the feeling one got from scanning a dizzying hodgepodge of coverage Thursday. Biden will use executive powers to streamline testi

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