Trumpled (Alternative Leading)

[DJC]

Dow and the Asx are up due to the positive vaccine news and the USA election result, not Biden winning but because the Republicans will hold sway in the Senate which will create stability rather than having the Democrats being able to force lots of changes.

The Senate is tied at 48 each and won't be finalised until run-off elections are held.  Whichever party wins will have a small majority and, as we know, voting on party lines isn't a thing in the USA.  Interesting times ahead and hardly the stuff to encourage the Dow to rise.