It's Official: COVID Is No Longer the Biggest Risk to the Stock Market
The major forces driving the stock market just shifted dramatically. The devastating global pandemic created an economic crisis that sent shockwaves through the market in 2020. For a full year, investors carefully tracked COVID-19 recovery news with outbreaks and lockdowns representing the biggest risk in the eyes of most asset managers.
But that's all changed, according to a Bank of America survey, and you should make sure your stock portfolio is set up to handle the shifting landscape.
Chatter about inflation and monetary policy has been bubbling under the surface for months, but those topics exploded into the spotlight over the past few weeks. The dire economic repercussions of a global pandemic triggered an unprecedented response from fiscal and monetary authorities to prop up businesses and consumers. The federal government sent checks directly to households, provided disaster loans to businesses of all sizes, and created targeted grants for employers. These were all designed to support consumer spending and to keep people employed.
Source Fool.com
