Vaccines and stimulus are a powerful cocktail for the US recovery

A version of this story first appeared in CNN Business' Before the Bell newsletter.
You can sign up right hereLondon (CNN Business) Those betting on an economic boom in the United States this spring and summer just got a dose of very good news.
The development comes as the president's $1.9 trillion stimulus package continues to move through Congress.
The legislation could be brought to the floor of the Senate by Majority Leader Chuck Schumer as soon as Wednesday.
But taken together, shots and stimulus could dramatically transform prospects for the US economy this year.
Bank of America, for example, recently raised expectations for US economic growth to 6.5% this year, based on expectations of a $1.7 trillion stimulus package, as well as "better news on the virus front and encouraging economic data."
But gold often performs well when prices are expected to rise, since it's a tangible asset with limited supply.
Analysts at European asset manager Amundi have told clients to "stay vigilant" about higher inflation as the economic recovery gathers steam, highlighting gold as a possible hedge.
Bitcoin vs. gold: Some argue that bitcoin could be a better bet than gold at a time when interest rates are climbing.
But not forThe pandemic drove the big box chain to a record year of sales growth , my CNN Business colleague Nathaniel Meyersohn reports.
But analysts remain confident that Target will remain one of a handful of winners in the cutthroat world of retail.
"Target remains well positioned to gain market share," Telsey Advisory Group analyst Joseph Feldman said in a note to clients.
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