In a recent interview, Shiller said rich valuations don’t necessarily mean it’s time to dump stocks. After all, zero rates overrule everything else.
Questions remain about the pandemic, regulation, control of the Senate and market direction. This will require advisors to stay close to clients.
Our team discussed our learnings of 2020 and gave their insight on what they expect to happen next year for financial advisors.
Could the Nasdaq Composite be mirroring a pattern from the ‘90s? Is this the last inning of the long bull market or the first stirring of a new cycle?