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JKD - CIO Overview - 2021 Market And Macro Outlook
BTC iShares Morningstar Large-Cap ETF
The US economy has recovered for some and is still deeply wounded for others. That is one of the large, looming issues for 2021.
If you're at an upper income level, you are probably whole in financial terms. The middle cohort has experienced some setbacks and losses. But those at the lower income levels are still really suffering.
Traditional methods suggest markets are extended. But a longer-term view that sees very low interest rates tempers the downside risk. It will all depend on the progression of earnings, in our view.