UK stocks advance on vaccine and economic news

In the United States, this week sees Joe Biden confirmed as president-elect. Even at this point, some opposition to the confirmation is expected from Republicans in the Senate, although these are not expected to win. Meanwhile, the state of Georgia is holding elections for its two Senate seats. If both Democratic candidates win, the party will win control of the Senate and give President Biden more control over legislation and budget decisions.

Its potential impact on the markets is not clear, and it remains a source of volatility this week. If Democrats win control of the Senate, they could send even more stimulus and covetous relief packages – which could help markets – but investors may be wary that they could open the door to reversing the generous tax cuts President Trump has given to companies.

These topics and more are likely to feature in a special webcast FAQ and podcast – we bring you this week in parallel with the release of our latest Quarterly Investment Outlook. Outlook revolves around our current thinking about markets and assets, this time including four financial choices from our investment director Tom Stevenson for next year.

You can submit questions in advance, and Tom and team will deal with them on the webcast and podcast this weekend.

If you want to submit a question you can do it here.

Five-year performance

Past performance is not a reliable indicator of future earnings

Source: FE, gross income 31.12.20

Important Information: Investors should note that the ideas expressed are no longer happening and may have already worked. Foreign investment will be affected by movements in currency exchange rates. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of the investment, talk to an authorized financial advisor.

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