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What Encouraging Vaccine Trials And A New President Could Mean For Idaho Investors

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Mark Lennihan
/
AP Photo
Stock trader Thomas Ferrigno arrives to work at the New York Stock Exchange, Monday, Nov. 9, 2020. World markets rocketed higher after Pfizer said early data show its coronavirus vaccine is effective.

 

President-elect Joe Biden is set to take office in January. But even with a change in political power, two influenctial forces that have driven financial markets in 2020 will most likely stay the same: the Federal Reserve and the pandemic. In fact, stocks went soaring Monday after news of encouraging data about a potential COVID-19 vaccine.

So what could the next few months hold for investors? Jason Norris is executive vice president with Ferguson Wellman Capital Management and joins Idaho Matters live to talk more about the markets.

As COVID-19 cases spread through the U.S. and Idaho, we’re committed to keeping you updated and informed. You can get updated info on cases, closures and how to stay healthy at any time on our Coronavirus news blog.

 

Have a question or comment for the show? Tweet @KBSX915 using #IdahoMatters

 

Member support is what makes local COVID-19 reporting possible. Support this coverage here.

Gemma is the host of Idaho Matters, Boise State Public Radio's daily show which broadcasts live Monday-Friday at noon. She is an award-winning journalist and has spent the majority of her broadcasting career in Idaho. Gemma was a television news anchor and reporter in Boise for close to 15 years. She came to Boise in 1999 to start Fox 12.