From 2021 to 2022, the global economic and market conditions have two very different stories to tell. Headwinds started to prevail in the latter part of 2021. In the fourth quarter, the U.S. economy enjoyed an increased Gross Domestic Product (GDP) of 6.9%. Inflation (expected
It has been two years since the pandemic began in March of 2020. During that time, vast amounts of stimulus, both monetary and fiscal, were injected into the global economies. As we ended 2021, the world economies started to look past the worst parts of
In response to higher inflation and expected rate hikes by the Fed (to offset the increased levels of inflation), markets have been moving down recently. In the U.S., we are now officially in a market correction as measured by the S&P 500. The standard measure
As we ended 2021, the world economies started to look past the pandemic. Today, the world is confronted with massive inflation, supply chain chaos, and slowing (but still positive) global growth. This coupled with the mixed policies of the world’s central banks makes for a
As we entered the 3rd quarter of 2021, the pandemic was widely expected to be behind us. Unfortunately, there was an unexpected resurgence in the summer as the number of Covid cases rose steadily. Concerns mounted as consumers and businesses pulled back their purchases and
It has now been more than a year since the coronavirus pandemic began in earnest around the globe. Worldwide, economies were shut down as businesses were closed to prevent the further spread of the virus. Since then, the world has showed a remarkable resurgence in
As we begin the first quarter of 2021, we are relieved to be able to put 2020 away and in the history books. Last year was one of the more challenging years we’ve experienced, both economically and marketwise, for everyone. The year began normally enough,
With November just around the corner, we are looking back at 2020 and planning for 2021. It’s no secret that the market fluctuations have been unusual this year. With both a global pandemic and a presidential election year, we’ve seen many unprecedented gyrations. Let’s review
We are now at the beginning of the third quarter, and 2020 will forever be known as the year that the COVID-19 pandemic struck. It has been the reason for government induced recessions, extreme market gyrations and, ultimately, illness and death on a worldwide scale.
As we began the year 2020, it was with a certain satisfaction that we had completed 2019 with double-digit performance, reaching new market highs around mid-February, and a promising outlook for the year ahead. Unemployment was at a record low, the economy was earning a