The JSE closed at a record high on Thursday, along with world stocks as investors bet on the likelihood of more economic stimulus under a Democrat-controlled US Congress.
Democrats gained control of the Senate by winning two run-off elections in Georgia, completing a “blue wave”, with the party now set to lead the White House, the House and the Senate, which will allow US president-elect Joe Biden greater scope to implement his policies...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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Democracy wins- capitalism wins!