Stock Market Rallies\non Hopeful Vaccine Candidates \u2013 <\/strong>The market rallied sharply early in the\nweek, as Pfizer and German partner BioNTech announced hopeful early vaccine\nresults. Though the results have not been peer reviewed and are not fully\ncomplete, they show to be 90% effective in protecting people from contracting\nCovid-19 \u2013 a very promising outcome indeed. Meanwhile, Moderna is said to be\nabout a week away from releasing data from a large trial of its experimental\nCovid-19 vaccine, which could add another strong option into the mix. The stock\nmarket surged on the Pfizer news, only to give up some of the gains as the week\nwore on. Investors are looking for any sign of a timeline to the end of the\npandemic, when vaccines can be widely available to the American public and economic\nactivity can resume completely unrestricted. As for the promising early result\nfrom Pfizer and BioNTech, those shots could be available as early as this year,\nthough the first batches will be reserved for front-line workers and the old\nand vulnerable. Some estimates peg the vaccine becoming widely available by the\nspring, perhaps April. In our view, getting the pandemic under control \u2013 and\neffectively and efficiently distributing the vaccine \u2013 remain the biggest risks\nto the nascent economic recovery.1<\/sup><\/p>\n\n\n\n ______________________________________________________________________________________________<\/sup><\/em><\/strong><\/p>\n\n\n\n Download Our Dean\u2019s List of Investment Strategies!<\/a><\/strong> To help you learn more about strategies that cater to different investment objectives, we have created our Dean\u2019s List of Investment Strategies. Our Dean\u2019s List describes five of our investment strategies that are ranked in the top of their respective classes by Morningstar<\/strong> (as of 9\/30\/20).2<\/sup> If you have $500,000 or more to invest and want to learn about five of our top strategies, click on the link below. ______________________________________________________________________________________________<\/sup><\/em><\/strong><\/p>\n\n\n\n The U.S. Housing\nStory Continues Strengthening \u2013 Can it Last? <\/strong>We have written many times in\nthis space about the robust housing recovery, fueled in no small part by remote\nwork and the need for more space. For the first time ever, millennials made up\nthe highest percentage of new mortgage applications, a sign that a migration\nout of cities has taken hold in the wake of the pandemic. In particular, the\nlast few months have seen strong demand for higher priced homes. According to\nthe National Association of Realtors, nearly 25% of home buyers over the summer\npaid at least $500,000, which is up from 14% in the previous nine months.4<\/sup>\nEven as the pandemic has wreaked havoc on some parts of the U.S. economy, many\nof the high-skilled and white-collar workers who can work digitally and from\nhome have emerged unscathed. The demand for more space is pushing up home prices,\nbut once the migration runs its course and the pandemic risk fades, the\nquestion becomes: can it last? <\/p>\n\n\n\n A\nDifferent Kind of Struggle in the Airline Industry \u2013 <\/strong>Airlines\nhave taken a big hit in the pandemic, for obvious reasons. But the industry is also\nfeeling pressure in other ways that are not so obvious \u2013 tariff wars. A little\nover a year ago, the United States imposed tariffs on $7.5 billion of Airbus\njets (made in France), which received approval from the World Trade\nOrganization on the basis that Airbus jets receive significant state subsidies.\nJust this week, the European Union retaliated, imposing $3.99 billion in\ntariffs on Boeing jets (made in the U.S.). The tit-for-tat tariffs will no\ndoubt raise the prices of planes for airlines and other buyers, which may\ndeliver a sting at just the wrong time.5<\/sup><\/p>\n\n\n\n Americans\nHave Been Socking Away Cash \u2013 Is a Big Wave of Spending Coming? <\/strong>Americans\nhave accumulated some $2 trillion <\/em>in\nnew savings deposits over the last 10 months, even though banks have lowered\ndeposit rates to basically 0%. The pandemic has played a big role in Americans\u2019\ndesire to sock away cash. For one, stimulus checks and boosted unemployment\nbenefits gave many the ability to save the extra cash. But second, the crisis\nand associated lockdowns\/restrictions also pushed many to stay home, cook\nmeals, spend less on entertainment and travel, and cut back other discretionary\nspending over the spring and summer. The end result: Americans saved money (see\nchart). Total deposits at U.S. banks swelled to about $15.9 trillion, up from\naround $13.2 trillion at the start of 2020. In our view, it seems likely that\nthis \u2018stashed cash\u2019 is a wall of liquidity waiting to be released back into the\neconomy, especially once the risk of the pandemic fades completely. A spending\nboom feels possible \u2013 if not likely \u2013 in the second half of 2021.6<\/sup><\/p>\n\n\n\n Total\nSavings Deposits Have Spiked in 2020<\/strong><\/p>\n\n\n\n There is no way to know exactly how this pandemic will continue to impact the market and economy, but finding the right investment strategy can make a huge difference when managing the highs and lows of the market. To help you learn more about strategies that cater to different investment objectives, we have created our Dean\u2019s List of Investment Strategies.8<\/sup> Airlines face double struggles, millennials lead housing demand, pent-up savings could mean spending spree next year<\/p>\n","protected":false},"author":3,"featured_media":7426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71,73,1],"tags":[],"class_list":["post-9033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-client-group","category-steady-investors-week","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/9033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/comments?post=9033"}],"version-history":[{"count":1,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/9033\/revisions"}],"predecessor-version":[{"id":10507,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/9033\/revisions\/10507"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/media?parent=9033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/categories?post=9033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/tags?post=9033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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The recent COVID-19 news of a vaccine coming soon is affecting the market drastically. As we wait for the outcome, there is still uncertainty causing concern for many investors. Finding the right investment strategy can make a huge difference when managing the highs and lows of the market, and can help prepare your long-term investments for success.<\/p>\n\n\n\n
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<\/a>Learn More About Our Top-Ranked Strategies!<\/a>3<\/a><\/sup><\/strong><\/p>\n\n\n\n![\"\"](\"https:\/\/zacksim.com\/blog\/wp-content\/uploads\/2022\/02\/si-1-1024x395.png\")
Our Dean\u2019s List describes five of our investment strategies that are ranked in the top of their respective classes, according to Morningstar (as of 9\/30\/20).7<\/sup> If you have $500,000 or more to invest and want to learn more about these strategies, click on the link below to see how they could potentially benefit you. <\/p>\n","protected":false},"excerpt":{"rendered":"