Important developments on multiple timeframes on the charts of both the Global Dow and S&P 500 provide insight into the next 12-36 months. Shifts could catch many off-guard in the world of investing.
In recent years, many funds in this category have increased their exposure to emerging markets and unregulated companies. Though this strategy has increased the risk involved, it has also generated higher returns.
On the latest edition of Market Week in Review, we discuss the sustainability of the U.S. government debt, the potential for changes to the U.S. tax code, fourth-quarter earnings season, and the current state of the global economy.
While no policy changes are likely we will get an update from Jerome Powell on how the Fed sees the outlook for the economy in the wake of new fiscal stimulus and the vaccine roll-out.
The Fed pushed the money supply higher by nearly $3 trillion or 70% throughout 2020. At the same time, GDP is $600 billion less than it was at the beginning of 2020. As a result, velocity has sharply declined.
The COVID-19 pandemic has impacted the global economy and financial markets in a myriad of ways over the past year, and real assets - including real estate and infrastructure - have been no stranger to the turmoil.