Worries about potential bubbles in U.S. stocks and the housing market have emerged as key concerns for traders thinking about the second half of 2021, according to a recent Charles Schwab survey.
More than 80% of the 500 traders surveyed said they thought it was likely that both housing and stocks already were in a bubble.
“The one thing about housing is, I think it’s coming up to a test in the next few months,” said JJ Kinahan, chief market strategist at TD Ameritrade, on Tuesday during an outlook briefing and talk on the survey’s results.
“Your back-to-work days at the office may be different,” Kinahan said of the next few months as the pandemic threat subsides, even though he also expects most companies to remain wary about calling everybody “back into the office, every single day,” for at least the next year.
Instead, such policies likely will “ebb and flow,” he said, until companies figure out where…