Economic Insights

To put it lightly, the stock market this week was unforgettable. The “short interest” revolt traced back to the wallstreetbets thread on Reddit caused companies like GameStop, Nokia, AMC Entertainment, Naked Brands, and Blackberry shares to rise steeply.

Throughout 2020 and so far in 2021, consumers, investors, and politicians have attempted to navigate an unpredictable coronavirus pandemic, heated U.S. Presidential Election, and turbulent international relations. We saw in real-time the transformation of individual consumer decisions and the pre-pandemic status quos.

Throughout 2020 and so far in 2021, consumers, investors, and politicians have attempted to navigate an unpredictable coronavirus pandemic, heated U.S. Presidential Election, and turbulent international relations. We saw in real-time the transformation of individual consumer decisions and the pre-pandemic status quos.

In retrospect, the year 2020 was riddled with market dislocation and uncertainty. However, 2020 was also a year of "fast-forwarding" and innovation. Industries, companies, and policies that would have otherwise taken years to become mainstream quickly became the center of economic, industry, and investment attention. One viewpoint that has emerged from 2020 and has started to show signs of potential in early 2021 is the idea of a "hydrogen economy" and a positive correlation toward reversing climate change.

In retrospect, the year 2020 was riddled with market dislocation and uncertainty. However, 2020 was also a year of "fast-forwarding" and innovation. Industries, companies, and policies that would have otherwise taken years to become mainstream quickly became the center of economic, industry, and investment attention. One viewpoint that has emerged from 2020 and has started to show signs of potential in early 2021 is the idea of a "hydrogen economy" and a positive correlation toward reversing climate change.

You certainly did not need 20/20 vision to see that 2020 was not an ordinary year. From a global pandemic, civil unrest to an election like no other, news headlines took many twists and turns throughout the year. Despite the vast amount of negative news, financial markets ultimately shrugged off the bad news.

You certainly did not need 20/20 vision to see that 2020 was not an ordinary year. From a global pandemic, civil unrest to an election like no other, news headlines took many twists and turns throughout the year. Despite the vast amount of negative news, financial markets ultimately shrugged off the bad news.

As human beings, we consume from the day we are born until the day we pass. Personal consumption is the largest and most predictable phenomenon there is. Seven billion people spending money to acquire things they want and need always offers interesting investing opportunities. Sometimes, however, certain spending categories become more important than others.