Today markets are making new all-time highs. There’s been a disconnect in the market and the real economy. November was one of the best months ever. Value stocks are under performing and it’s been all about growth stocks now. Has it peaked or is it time to go elsewhere? Money should be rotating into dividend paying companies. Dividends are still relevant according to Andrew. He believes that vaccines will help the economy recover, but we don’t know when and how fast. There will be bumps in the road. Are value investors becoming an endangered species? What about Tesla? Just upgraded today and it’s been going parabolic. Andrew believes the volatility isn’t right for his clients and the valuations could be too high. It could get hammered in a down market.
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