We have a moderate week for data, featuring housing, sentiment, and unemployment claims. Most important will be the report on personal income and spending.
Attention will remain focused on vaccine progress and the pandemic, as well as the progress through Congress of a stimulus package.
With markets near record highs, many investors are wondering about the safety of their portfolios. With growing hope for a full economic recovery, it is wise to ask:
Is it time to build a “transition” portfolio?
In my last installment of WTWA, I described a special letter I received from Mr. Market. It was brimful of optimism, an explanation of what to expect if everything goes right. It was fun for me to write and I hope readers found it useful.
Since we are about to get the annual letter from Mr.