Asset Prices Are Up, Up And Away. Where Are The Value Buying Opportunities?
- Date: 03-May-2021
- Source: Forbes
- Sector:Economy
- Country:Middle East
Asset Prices Are Up, Up And Away. Where Are The Value Buying Opportunities?
If you’ve ever wondered what trillions of dollars in monetary and fiscal stimulus looks like, it appears you got your answer. Everything is up right now.
Stocks are up. Earnings are up. Consumer spending is up. Commodities are up. Food prices are up. Home prices are up. Car prices are up. Cryptos are up.
Last week marked President Joe Biden’s 100th day in office. Since Inauguration Day, the S&P 500 has increased an impressive 8.6%. Those are the best returns for the start of a presidential term since Kennedy in 1961. All those stimmy checks have to go somewhere.
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