Tue, 7 July 2020
Are we on the road to recovery? It’s been a rollercoaster of a year with some scary numbers, but consumer confidence is keeping us afloat.
Risk on, risk off. The shortened week of trading was an interesting one to watch as the volatility we have seen this year is akin to Great Depression era. There is more confidence than warranted in this V-shaped recovery as we inch towards a coronavirus vaccine. Even though covid continues to be a strain on the economy, the S&P 500 posted a 3% gain last week and is trading at 22x earnings! Realize your risk tolerance and don’t make emotional mistakes. Other topics include:
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