In November, we breathed a collective sigh of relief as positive news about COVID-19 vaccines rolled in. Now we look at the factors that can influence the markets for the rest of 2020 and into 2021.
The phrase “hindsight is 20/20” is fitting as we work our way through this pandemic. As scary and dire as things can seem, we know we will eventually get to the other side. The same can be said of markets.
The gains in the market can be attributed to several factors, but one of the drivers appears to be asset price inflation. We take a look at what it means, including the Fed's role.