December 27, 2020

On Monday, the U.S. markets will be fully open while Toronto will be closed. 

Trump has signed the COVID relief bill which should be positive for markets.

I am working on an update for American Express. It should be a decent long term hold. I expect it to recover from the pandemic and regains former earnings and then grow from that. Meanwhile if will have probably two more weak quarters Q4 and then Q1. It looks like a reasonable investment at its current price although it could pull back before ultimately recovering.

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