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"The Biggest Macro Event Since March”

"The Biggest Macro Event Since March”

Today on the Brief: GRIN gets 51% attacked Crypto trading volume down 25.8% in October How the market is receiving Joe Biden Our main discussion: The stock market soars on promising Pfizer COVID-19 vaccine trials. The S&P 500...

The Breakdown

November 10, 202014m 24s

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Show Notes

Today on the Brief: 

  • GRIN gets 51% attacked
  • Crypto trading volume down 25.8% in October 
  • How the market is receiving Joe Biden

Our main discussion: The stock market soars on promising Pfizer COVID-19 vaccine trials. 

The S&P 500 and DJIA hit new all-time highs after Pfizer announced its experimental vaccine had prevented COVID-19 in 90% of patients. Travel stocks soared, work from home stocks suffered and safe havens fell. In this episode, NLW explores the shifting market sentiment, as well as what it means for bitcoin.