The four letters that defined markets in 2020: Morning Brief

Tuesday, December 5, 2020

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S-P-A-C

“In history books, the year 2020 will forever be known for the deadly pandemic,” writes Goldman Sachs equity strategist David Kostin in his latest note to clients.

“Economists will study the unprecedented recession and recovery. Investors will note the swift 34% bear market and dramatic 65% rally. But from a capital markets perspective, this year will…


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