The Dow crossed 30,000 for the first time, and three promising vaccines are on the way. These are not unrelated events. Also boosting investor optimism was Trump world's decision to finally start the transition to a Joe Biden presidency and Biden's naming of Janet Yellen as his treasury secretary.
And the good news keeps coming — if you look for it. We will probably be seeing more spectacular Christmas decorations this year as virus-stranded Americans use their extra time to do up their homes. Expect lots of 6-foot snowmen and flotillas of glowing flamingos.