The market should worry about 2022, not 2021
Covid-19 vaccines make it likely that next year’s profit expectations will be met. Forecasts for a boom in 2022 are more of a stretch.
Covid-19 vaccines make it likely that next year’s profit expectations will be met. Forecasts for a boom in 2022 are more of a stretch.
Amid a wave of optimism in financial markets, investors can relax about the expected profit rebound in 2021. They might worry more about 2022.