ALTHOUGH the recovery theme has been the focus of investors in the weeks closing out 2020 and entering 2021, analysts caution that it is not a broad-based nor clear-cut theme because there are still many uncertainties ahead, even though vaccines for Covid-19 are now available.
Be selective and study the stocks, as not all in the recommended sectors will deliver, cautions Areca Capital CEO Danny Wong, following a 34-point slump in the KLCI in the new year on the back of profit-taking focused on glove makers and banking counters before losses were slightly pared and the benchmark closed at the 1,602 level.
“This first week of the year has been a guide for us. Those who want to participate in the market can tell that 1H2021 should be better than last year on account of positive vaccine news, better business sentiment and the notion that most businesses will see recovery in earnings over the next two quarters,” Wong tells The Edge, noting that longer-term investments with a two- to
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Plus: A rundown of the week s real estate news. By Jeramey Jannene - Dec 20th, 2020 06:11 pm //end headline wrapper ?>3658-3660 N. Teutonia Ave. Photo by Jeramey Jannene.
A one-story building in Milwaukee’s Arlington Heights neighborhood could become a home for 20 small businesses.
That’s according to a plan from
Eric Brown. He secured approval for a $166,000 loan from the Milwaukee Economic Development Corporation‘s loan and finance committee on Wednesday.
Brown would purchase and rehabilitate the one-story, 7,939-square-foot building at 3658-3660 N. Teutonia Ave. It would become an “entrepreneur incubator hub” with 20 micro suites. The structure was built in 1966 according to city records.
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