Legacy’s Latest Mirror Opposite – March 25, 2021
Hosted by: Brent Bunger and Richard Baer
This week, Tuesday in fact, marked the one year anniversary of the pandemic low in the stock market. Big stocks, the S&P500, sold off almost 35% in a span of 5 weeks while the broader market, the Russell 2000, suffered losses of 45%+.
We all know what happened next. Markets came ripping back in the face of awful economic news—massive job losses foretelling a severe recession.
What now? Don’t be surprised if we get the mirror opposite over the next 6 months or so.
In today’s podcast, Brent and Richard will discuss the “mirror effect” and what areas of the market might benefit the most as we “re-open” our economy
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