The market is said to always be climbing a “wall of worry.” Here are the current issues that are creating a new wall or helping to take down previous “walls of worry.” Financial global markets are drawing support from the effectiveness of ongoing vaccinations and improving economic signs. Consumer sentiment is re-evolving, resulting in rising consumer demand as pandemic anxieties …
Macro Overview February 2021
As we settle into the new year, we find the market influenced by an unexpected source, progress in vaccination distribution and new information on stimulus checks. Read on for additional information into these areas and more. Speculative trading among smaller retail investors raised concerns about how social media is influencing individual stock valuations. Recently popularized social news aggregation and discussion …