The following chart from DB’s Jim Reid highlights the results from a recent client survey they conducted. With vaccines staring to rollout, interesting to see concerns surrounding vaccine effectiveness, side effects and logistics take top spots. However, one could wonder with the recent broadside of lawsuits against Facebook from the FCC and numerous State’s AGs might raise the 4th concern about Tech bubble bursting even higher. Especially if the perception of fragility around those names from elevated valuations combined with a potential lasting rotation form growth to value with the vaccine rollout meets the bubble-bursting pinprick of further lawsuits against other names such as Amazon and Alphabet (Google). Something to keep an eye on. Personally, #5 is my biggest concern. – OD
Deadline Reminder: 2024 Prescribed Rate Loan Interest Payment
Clients who have implemented a prescribed rate loan should be reminded to pay the appropriate interest relating to the 2024 year on or before January 30, 2025.