Analysis: The economic recovery has a child care problem
BLOOMBERG
Laura Buckman/Bloomberg
The pandemic is crippling America’s already fragile child-care system. Jerletha McDonald has no kids enrolled at her day care in Arlington, Texas.
When the pandemic broke out, significant help arrived quickly for working parents in many rich countries, with one notable exception: the United States.
Now, nearly a year later, President Joe Biden aims to address what has become one of the most daunting obstacles to a full economic recovery, with policy proposals such as more money for child care and families. If people don t have care, then they can t get to work, said Heather Boushey, a member of Biden s Council of Economic Advisers, in an interview. Bigger changes to the system are urgent, she said, to help families during the pandemic and beyond. They are core to how we need to be thinking about the economic recovery.
Is Bright Horizons Family Solutions (BFAM) Stock a Buy For 2021?
Upslope Capital recently released its Q4 2020 Investor Letter, a copy of which you can download here. The Fund returned 7.9% net of fees for the fourth quarter, as compared to the 24.4% return of the S&P Midcap 400 ETF and 7.8% return of the HFRX Equity Hedge Index. You should check out Upslope Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q4 2020 Investor Letter, Upslope Capital highlighted a few stocks and Bright Horizons Family Solutions Inc. (NYSE:BFAM) is one of them. Bright Horizons Family Solutions Inc. (NYSE:BFAM) is a child-care provider. In the last three months, Bright Horizons Family Solutions Inc. (NYSE:BFAM) stock lost 2.3% and on January 21st it had a closing price of $159.36. Here is what Upslope Capital said:
Press release content from Business Wire. The AP news staff was not involved in its creation.
Bright Horizons Announces Retirement of Founders From Board of Directors
December 18, 2020 GMT
NEWTON, Mass. (BUSINESS WIRE) Dec 18, 2020
Bright Horizons Family Solutions ® Inc. (NYSE:BFAM) announced today that the three company founders, Roger Brown, Linda Mason and Marguerite Kondracke, will retire from the Board of Directors effective March 31, 2021. All three will become a Director Emeritus as of their retirement date and will continue to provide guidance and counsel to the organization they founded as part of their collective mission to make a lasting difference in the world through the education of young children.
10 Best Education Stocks To Buy Now
They say that a good leader is educated and equipped with enough knowledge to help people become better citizens, shape a good economy, and reside by knowing and respecting the rights, laws, and regulations of a country.
When the portion of educated workers in a country increases, the economy of that country becomes more productive as educated workers may perform a task that requires literacy and critical thinking more effectively. That’s why the taxpayer funds spent on education are really investments in future productivity and competitiveness of a country. It isn’t a coincidence that the United States is at the cutting edge of technological progress. Even though we suck when it comes to average math or reading scores, we produce a large number of highly educated students who go on to get trained in the best universities in the world and launch world-class companies.
Is Bright Horizons Family Solutions (BFAM) a Smart Long-term Buy?
Brown Capital Management Mid Company Fund recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 6.15% (inst. class) for the quarter, underperforming its benchmark, the Russell Midcap Growth Index which returned 9.4% in the same quarter. You should check out Brown Capital Management’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q3 2020 Investor Letter, Brown Capital Management highlighted a few stocks and Bright Horizons Family Solutions Inc. (NYSE:BFAM) is one of them. Bright Horizons Family Solutions Inc. (NYSE:BFAM) is a child-care provider. Year-to-date, Bright Horizons Family Solutions Inc. (NYSE:BFAM) stock gained 13.8% and on December 15th it had a closing price of $170.96. Here is what Brown Capital Management said: