Jan 10, 2021

Barron's makes the case for optimism about stocks (2021)

[T]his is a market determined to march higher, and it’s not about to be derailed - even by historic mayhem in the nation’s capital.  Stocks are rallying on the trillions of dollars in stimulus that may only be accelerated under the new administration.  A chaotic political season is winding down, while the economy is gearing up for a postpandemic reopening. 

Investors need to keep their eyes forward and look ahead to a Joe Biden presidency: to more-predictable domestic policies, smoother trade relations, and additional efforts to revive the economy.  Now might not be a good time to own anything defensive.

~ Daren Fonda, "Risks and Opportunities As Democrats Win Control," Barron's, January 11, 2021



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