Business
Today, Ted Buckley of Mooney Lyons provides a look ahead to 2021.We start by looking back at 2020. Despite how terrible a year it was for many reasons, it wasn't as bad for the markets as you might think. Ted explains.Domestically, we have the Biden administration starting, with control of both houses of Congress. Ted cautions against overemphasizing the results of an election, but the Democrats will set the agenda, at least for now. This could lead to investment opportunities on the domestic side, such as municipal bonds if a large infrastructure bill is passed.The biggest hurdle we all face in 2021 is, of course, COVID. Both domestic and international markets will depend on how quickly we get get vaccines rolled out to the country and the world. The gap between "haves" and "have nots" has been illustrated by the virus and which sectors have been hit the hardest.We also look at emerging markets - with technology advancing and being adopted so quickly, there may be international opportunities that didn't exist decades ago.Resources:Call Mooney Lyons at: (847) 382-2600Find Mooney Lyons on the web: https://mooneylyons.com/