https://www.msn.com/en-us/money/savingandinvesting/qanda-allen-bond-of-jensen-investment-management/ar-BB17SOGfQ&A: Allen Bond of Jensen Investment Management
Coryanne Hicks
/New York City. COVID-19 has spread to most countries around the world, claiming over 270,000 lives with over 3.9 million infections reported.
The future is far from certain, especially the near future, but investors don't appear to know that.
Despite unprecedented global uncertainty and the deepest recession in eight decades only three months past, the equity markets have rebounded nearly back to their pre-pandemic peaks. The Nasdaq is at all-time highs. The S&P 500 is nearly there, too. In the face of this, the question keeping many financial advisors and analysts up at night is: What is motivating investors? And how long can this irrational optimism last?/
Regards