BREAKDOWN: The Biggest Macro Event Since March

According to the bright minds of FinTwit, the biggest event isn’t the U.S. presidential election but today’s Pfizer vaccine update.

This episode is sponsored by Crypto.com and Nexo.io.

Today on the Brief: 

GRIN gets 51% attackedCrypto trading volume down 25.8% in October How the market is receiving Joe Biden

Our main discussion: The stock market soars on promising Pfizer COVID-19 vaccine trials. 

The S&P 500 and DJIA hit new all-time highs after Pfizer announced its experimental vaccine had prevented COVID-19 in 90% of patients. Travel stocks soared, work from home stocks suffered and safe havens fell. In this episode, NLW explores the shifting market sentiment, as well as what it means for bitcoin.

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