As we go into the 23rd week since the COVID19 panic began it's hard to get a grasp on the big picture. I attended two more virtual conferences last week and two big name firms essentially said fundamentals do not matter – for now there is no other alternative to stocks
The great COVID experiment has begun. As we enter the 8th week since the US Coronavirus panic began, some states have begun to open back up. While not a controlled experiment with a ton of different variables coming into play, in four weeks we will at least have some data
Everyone is back from their Thanksgiving holiday so we are now seeing market participants turning their focus to the rest of 2016 and beyond. The overwhelming consensus seems to be a Trump Presidency will lead to years of strong growth and we are seeing market participants adjusting their portfolios accordingly.