Quote:
Originally Posted by Strongside
I think the only events/market changing dynamics are the eventual reopening of society. People do have money to spend (by and large) and a lot of pent up energy. That, rationally, should be good for the economy/market.
But if there's one thing we've learned over the past year, it's that the market does some funky shit sometimes.
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Yeah, and I feel like that's already priced in on a lot of stuff.
Except the soft drink stocks for some reason. The big ones haven't recovered. I'd read that their business was down due to restaurants selling fewer, but you'd think that they'd bounce back as we get closer to opening. KO and PEP are still down from last March, and Dr. Pepper is down for the year (though up from last March). At my age, I kind of like those stocks in general because I think they (usually) give me a reasonable return with low risk, and that's where I want to be these days.