The Biden Presidency Begins With A New COVID Vaccine Strategy, GM's New Year Rally, Amazon's Vaccine Overture, And The SPAC Boom Heats Up

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The morning after President Biden’s inauguration, Carl Quintanilla, Jim Cramer and David Faber discussed what’s ahead for stocks and the economy, as Wall Street pays close attention to developments surrounding the new president’s
strategy for ramping up COVID-19 vaccinations. The anchors reacted to Dr. Anthony Fauci’s remarks on the U.S. remaining a member of the World Health Organization and joining a global vaccine alliance. They also took a closer look at United Airlines, whose CEO Scott Kirby told CNBC he has “real confidence in the long term” with pent-up demand for travel in wake of the pandemic.
Also in focus: General Motors becoming the S&P 500’s top-performing stock so far this year, Amazon offering to help the Biden Administration distribute the COVID vaccine nationally, earnings winners and losers, and the latest news involving the SPAC boom.

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