The announcements that we will soon have vaccines that are 90-95% effective, and additional COVID relief are bringing optimism to Wall Street. What sectors of the economy will recover in 2021?
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Hope on the horizon
Despite the tumult of 2020, the S&P 500 is up 14% for the year, while the surge in technology shares has helped the Nasdaq soar 38%.
Investors’ sentiment has been buoyed in recent weeks by promising reports on the development of Covid-19 vaccines, which could curtail infection levels and let social and business activity return to pre-pandemic levels.
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On May 17, Colorado’s governor signed the groundbreaking Consumer Protections for Artificial Intelligence Act. The Act regulates...