Doubling Down On The New Normal Winners

|
Includes: BIL, DDM, DFVL, DFVS, DIA, DOG, DTUL, DTUS, DTYL, DXD, EDV, EEH, EGF, EPS, EQL, FEX, FIBR, GBIL, GOVT, GSY, HUSV, IEF, IEI, IVV, IWL, IWM, JHML, JKD, OTPIX, PLW, PSQ, PST, QID, QLD, QQEW, QQQ, QQQE, QQXT, RISE, RSP, RWM, RYARX, RYRSX, SCHO, SCHR, SCHX, SDOW, SDS, SH, SHV, SHY, SMLL, SPDN, SPLX, SPUU, SPXE, SPXL, SPXN, SPXS, SPXT, SPXU, SPXV, SPY, SQQQ, SRTY, SSO, SYE, TAPR, TBF, TBT, TBX, TLH, TLT, TMF, TMV, TNA, TQQQ, TTT, TWM, TYBS, TYD, TYO, TZA, UBT, UDOW, UDPIX, UPRO, URTY, UST, UWM, VFINX, VGIT, VGLT, VGSH, VOO, VTWO, VUSTX, VV, ZROZ
by: Bill Ehrman
This article is exclusive for subscribers.
Bill Ehrman
Long/short equity, growth at reasonable price
Summary

The Fed and government will continue to aggressively provide huge amounts of liquidity to the financial markets and to individuals and companies of all sizes.

The trajectory of economic growth will moderate after a fast take-off from the bottom as many states will not open further.

We fully expect the stock market to be higher over next year due to liquidity in the system, the likelihood of therapeutics, vaccines available before the end of the year, and an improving economy.

The number of coronavirus cases has risen beyond past peak levels reached in April. As we all know, states and individuals have not remained vigilant. The death rate has not risen commensurate with the new