Investing Daily Printable PDF
We’ve enjoyed a stock market rally that I expect to continue in 2021. Sure, the coronavirus pandemic, high unemployment, and other headwinds make conditions less than perfect for stocks. But to paraphrase the French philosopher Voltaire, we won’t let the perfect be the enemy of the good.
When 2021 gets underway, tailwinds will include loose monetary policy, fiscal stimulus, the likely cessation of trade war, the winding down (more or less) of political chaos, the resumption of robust corporate earnings and revenue growth, COVID-19 vaccine distribution, and the investment “animal spirits” that usually accompany the advent of a new administration in the White House.