Danielle DiMartino Booth, CEO of Quill Intelligence, joins Real Vision editor Max Wiethe to discuss her outlook on the risks and opportunities she sees on the market landscape for 2021. As Biden has now been made the next U.S. President and gets to work tackling the COVID-19 crisis, Booth explains that even while stimulus spending has a long-term price, a setback in passing a subsequent spending bill quickly under the new administration will cause agitation in markets as swift and expansive stimulus continues to delay the start of the household credit cycle. She also warns of the possibility of negative rates for the bond market, describes why the U.S. equity bull market has run its course, analyzes the dollar’s price action, and considers what’s next for commodities and precious metals.