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.