June 2021 Insights
Growth is Dead, Long Live Growth! Key Observations: Growth stocks have rebounded with a record return in June. The financial markets are pricing in “transitory” inflation. The Federal Reserve has calmed inflation fears with a more hawkish tone. Market Commentary Growth is dead! Long live growth! Just when most had settled in with expectations that […]
May 2021 Insights
The Reopening Continues: Is Inflation a Concern? Key Observations: Consumers are fueling the economic recovery as spending and credit usage soar from pandemic lows. CPI data surged 4.2% year-over-year in April, but the Federal Reserve is adamant broad price increases are transitory and not a long-term economic threat. After a rough first quarter, bond […]