Month: August 2020

Market bubble, or not? Small businesses drive employment, and 2020 has seen a decline of 19.1% in open small businesses. Some will return, surely, but not all.
The race is on, and Covid related spending is going to be a big part of it. What are the long-term repercussions from spending like this?
Conventional wisdom, the Buffett Indicator puts us roughly where we were in 2000. Eerily similar, we’d say, with tech stocks driving the market.
Will the ‘Big 5’ see an August lull? That’s pretty unlikely, as earnings roll in to reinforce the run-up in valuation. Still, is the sky the limit? What about the broader market?
A permanent bull? With this economic report in hand? The largest ever quarterly decline in GDP … by a long shot. Fed and Congressional stimulus have propped it up, what’s left in the tank?