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What does being optimistic mean from an investment perspective? It means we are cautiously optimistic about the general economic and market environments.
We think 2021 will be a "risk-on" year, especially in the second half, as the full impacts of both COVID-19 vaccinations and fiscal stimulus in the U.S. start working their ways through the system.
2021 may be the year we "break on through to the other side," but we believe in building all-weather portfolios that can handle whatever comes our way.