Disconnect As we move along through this virus-infected year, it is becoming clear that several critical oppositions are developing. Prime examples include big companies versus small companies; employed versus unemployed; and the stock market versus the economy. The enormous financial stress of the pandemic has fallen hardest on those with the leanest resources. That’s true for both companies and families. The biggest companies with the most substantial resources are well positioned to weather this storm. Smaller companies, however, tend to have limited reserves, which means that many will not survive. Although others will someday replace them, it will take time, which suggests that the big companies will get even bigger and end up net ahead. The situation for families is more complicated. Less affluent families must survive since there will be mouths to feed. Temporary fixes, whether for a few weeks or months, will not be enough. As the millions of un
Investment and economic observations by N. Russell Wayne, CFP, MBA. Mr. Wayne is the president of Sound Asset Management, inc. and former Managing Editor of The Value Line Investment Survey.