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Payne's Perspective: January 4, 2021: It's A New Dawn

1/4/2021
By Charles Payne, CEO & Principal Analyst

What a year!

There is no doubt many of you were tested in 2020 on several fronts. It’s hard to imagine not knowing someone that died from Covid-19 or with the hideous scourge. I had four untimely deaths among friends, all unrelated to Covid-19. I guess I am getting to that age where such surprises will become more routine.

There is so much scarring for the living, including massive mental fatigue as lockdowns, lost jobs, politics, and general vulnerability conspiring to bring us down.  It is against this backdrop that the stock market initially fell out of bed before regaining equilibrium -then it gained momentum, as major indices soared to all-time highs. Even the stock market rally was misleading - each day, it felt like walking on a tightrope.

Life constantly throws us curveballs and challenges, and yet we make it through. It doesn’t mean there isn’t pain or spiritual fractures that never completely heal, but that we keep moving ahead.  

That’s what happened in 2020. It was the worst year for many, and yet it was a year that reminds us that we can struggle and survive.   

Let us think how often we look to history for inner strength, whether it’s the ‘V for Victory’ or the ‘Keep Calm’ Campaign from Churchill during WWII or calls to remember The Alamo - or more comprehensively, remembering 9/11.

For the rest of your life, when the chips are down, you will say to yourself or a friend: “Remember 2020.”

Investable 2021 Themes

I outlined these themes in my special 26-page Payne’s Perspective (ask your rep for a copy or info@wstreet.com).


 

Charles Payne
Wall Street Strategies


 

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