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USMC - Optimism For Financial Market Prospects In 2021
Principal U.S. Mega-Cap Multi-Factor Index ETF
It has now been nearly 25 years since the term "irrational exuberance" permanently entered our financial vocabulary. But recent developments bring the phrase to mind with new relevance.
However, if we look past these recent aberrations, we may find evidence to justify at least some sense of "rational" exuberance for financial market prospects in 2021.
Many things have to go right in order to maintain the current buoyant state of the financial markets, along with a lack of unpleasant surprises on the global political and economic front.