Where’s the stock market going next? Look at the 1960s for an answer, says a Fidelity strategist – MarketWatch
The big question overhanging markets is whether the rollout of coronavirus vaccines will trigger enough of a reaction to propel the economy and spark inflation, and therefore give a boost to out-of-favor industries such as financials and energy.The recent flows into the market suggest many traders think it will according to Bank of America, a record $115 billion came into stocks over the last four weeks, including $25 billion into emerging-market equities. There was a record $9 billion outflow over…
