The Meta Strategy portfolios are looking very well, with stock markets trading at all-time highs.

All fundamental indicators have moved further into the green zone, as the post-pandemic recovery is gathering steam under an accelerating immunization effort.

Most of this is priced into the stock market already, however, and we should expect the strong recovery rally to transition to a more moderate pace, interspersed by corrective consolidation periods.

The economy will have to prove itself, when the constant flow of stimulus lessens.