Friday Investment Talk: Federal Reserve Taper, Europe, China, Oil and COVID

The Federal Reserve has already curtailed bond buying. The S&P 500 hasn’t paid much attention though, as it continues to reach all-time highs. Only a slight pullback on Thursday occurred as China, OPEC+, and COVID spooked investors temporarily.

Europe is very undervalued, as mentioned before, with defense and banking sectors looking prime for a rebound.