Record Wealth Creation, Consumption Trends and Disconnects, and Accelerating Buybacks Drive Equity Gains
October 26, 2021 at 09:55 AM EDT
By the Beaumont Capital Management Investment Team It’s no secret that a staggering amount of wealth was created during the pandemic and the M2 money supply has hit record highs (in what may be a precursor to some painful times ahead…). However, though consumption has rebounded as the recovery’s...