The Stock Market Is Expensive, But Don’t Wait Until It Gets Cheaper
“We recommend against staying on the sidelines, even when markets are at record highs,” says UBS Global Wealth Management CIO Mark Haefele.
“We recommend against staying on the sidelines, even when markets are at record highs,” says UBS Global Wealth Management CIO Mark Haefele.
Over the past four weeks the market has enjoyed an extraordinary run, hitting several new record highs, but be wary of the future.
Mnuchin described both benefits as “critical to the economic recovery.”
The COVID-19 pandemic has accelerated the shift to online banking in Europe, but it has also given some suburban branches an unexpected new purpose.
Last week, Fed chair Jerome Powell announced that the Fed will now seek to target inflation that averages 2% over time.
The market’s relentless run has prompted many analysts to check what’s under the hood.