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The rise in US equities accelerated in November with the dual stimulus of positive vaccine news and post-election clarity.
Investors have returned to challenged sectors, while a healthy scepticism on the timing and efficacy of the COVID-19 health solution fuels cautious optimism.
A stable dividend strategy, such as the Dividend Aristocrats index tracked by SPDR ETFs, offers a compelling opportunity for investors to play the long-term recovery while remaining conscious of the short-term challenges.