Global shares on Wednesday hit record highs and were on course for their best month ever, with investors cheering the prospect of a smooth handover of power after the U.S. presidential election and confident COVID-19 vaccines would soon be ready. President-elect Joe Biden on Tuesday introduced his foreign policy and national security team, after President Donald Trump cleared the way to prepare for the start of his administration. Reports that Biden planned to nominate former Federal Reserve Chair Janet Yellen as Treasury Secretary, potentially easing the passage of a fiscal-stimulus package to counter COVID-19 damage, also cheered markets.
The Swiss government says up to 3,500 migrants from Britain will be given permits to live and work in the Alpine nation next year, when Britain's post-Brexit transition with the European Union expires. Britain's departure from the EU means that it isn't covered by Switzerland's freedom of movement agreements with the 27-nation bloc. The Swiss government said Wednesday up to 2,100 British citizens will receive long-term residency permits.
Thanksgiving looks different from what we expected this year. But there is nothing more important, or more rewarding, than remembering to give thanks.