United States’ stocks closed 2020 on a strong note, and many investors are betting the party will continue after a tumultuous year that marked both the end of the longest bull market and the shortest-lived bear market ever.
Risks abound, including a resurgent coronavirus pandemic, concerns about the speed of rollout of vaccines and high-stakes January 5 US Senate runoffs in Georgia for the balance of power in Congress. Still, many investors are looking past these threats. “We are going to continue to see a push higher,” said Commonwealth Financial Network’s Head of Portfolio Management, Peter Essele, who sees stocks in the early stages of a multi-year bull run, according to Reuters.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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