Here’s a market forecast: 2021 will be hard to predict. At the outset of the coronavirus pandemic, investors and bank strategists put out public prognostications for what would happen in the markets, but 2020’s combination was so unusual it was missed, it seems, by everyone. Below, some of the best […]
Bullish
Europe’s mutated coronavirus doesn’t yet pose an existential threat to the market narrative that has become a reasonable consensus since late March, and particularly since the news of the efficacy of vaccines in November. Global equities and oil prices slumped while safe-bond prices jumped Monday, as investors reacted to the […]