In this video, Jim and I share our investment outlook for 2021.
Some of the key points:
- Interest rates are low should remain low until 2023. This is good for markets and investors.
- Markets should continue to rally until Q2/3, at which time expect a modest pull-back. We believe the amount of cash on the side will act as a floor and mitigating the magnitude of this correction.
- Don’t give up on growth - technology spending continues to increase. Also, we feel healthcare is not getting the level of attention it deserves.
- Look for continued movement in responsible investing and those companies looking to solve climate change.
Happy new year everyone! Looking forward to a great year!