Stocks are at all-time highs and the U.S. economy is booming. So why is everyone so freaked out?
Posted on AllSides April 17th, 2021
From The Center
ANALYSIS
Peter Andersen, a Boston-based money manager, started 2021 feeling upbeat.
“I think this is going to be one of the historic recoveries, up there with the end of major wars,” he told MarketWatch around the turn of the year. “There’s enormous demand from consumers. Can you imagine when we get the all-clear and start moving back toward normalcy?”
But three months into the year, Andersen is glum. In an interview last week, he talked about the way big segments of the market seem to be in favor one day, out...