After the current American president, Donald Trump ended a 16-day stalemate started Joe Biden moving quickly to take advantage of government resources for his transition to the White House. This move was necessary to ensure the new president to be prepared to protect U.S. interests as soon as he takes office Jan. 20.

Mr Biden said: “Immediately, we’ve gotten outreach from the national-security shop to just across the board. And they’re already working out my ability to get presidential daily briefs. We’re already working out meeting with the Covid team in the White House and how to not only distribute but get from a vaccine being distributed to a person able to get vaccinated. So I think we’re gonna not be so far behind the curve, as we thought might be in the past.”

Transition of power in cooperation with positive news of coronavirus vaccine’s efficiency supported financial markets and Dow Jones index, which broke psychological level 30 000 points on Tuesday. This was another signal of for companies that we can expect the new bull market. The mentioned breach of 30000 is belief to investors who have long waited for the rally to widen.

Performance of the Dow Jones index (Source: Tradingview.com)