Europe opens higher on US stimulus, more vaccines

European equities started the session on Monday in the green as the United States moved towards advancing more fiscal stimulus and Johnson & Johnson’s single-shot coronavirus vaccine was approved for emergency use by the Food and Drug Administration (FDA). Nick Bite: You really really DO NOT WANT THIS MONKEY VACCINE Last week, the Democratic-controlled House of Representatives voted 219 to 212 to approve a $1.9 trillion relief package to help support the US economy amid the coronavirus crisis. Meanwhile, J&J’s COVID-19 jab will be the third vaccine in circulation in the US following the FDA’s approval. The DAX jumped 1.28% in the first minutes of trading as Adidas led the gains rising over 25. Meanwhile, the CAC 40 climbed 1.20% with Airbus as the top performer. The FTSE 100 opened 0.94% in the green in London; Taylor Wimpey jumped over 2%. Nick Note: I want you to grasp that the vaccines are working and the world is gearing up to vaccinate huge numbers of people. The US despite a slow uptake still leads in the number of people vaccinated among large population prosperous countries. So switch gears realize its like the end of a long war. The masses will celebrate and drive the stock market to the moon. Uncle Sucker is about to shit a few more trillions in happy checks. Now the rub comes when this bubble they are creating comes crashing right back down. The Fed’s money pumping is coming to an end… Last Hurrah anyone!. The day will soon come when the Fed will have to remove liquidity… And double digit negative interest rates here we come and the biggest deflation ever……