Our advisors utilize their experience and expertise and that of their colleagues to develop the best solutions for your complex personal and professional financial situations.
Actionable planning strategies to inform and guide your decision-making.
September 1, 2020
Despite virus flareups, economies worldwide continue to recover from the COVID-19 induced recession thanks in part to increased government understanding about how to utilize targeted closures. The speed of each region’s recovery will ultimately depend on many factors, including some unique to a specific area.
The global economy has come a long way from the depths of the virus-induced lockdowns to optimism around businesses reopening. A complete recovery is likely dependent upon better testing, treatment and, ultimately, a vaccine. As in most recessions, particular sectors and industries will suffer permanent damage, but others will pick up the slack. Despite concerns that certain equity markets are priced for perfection, low interest rates should allow the maintenance of current multiples, which could expand further if the recovery continues into 2021.
Please read important disclosures here.
Partner & Chief Investment Officer
The U.S. economy is slowing yet expanding, with inflation rates decreasing and housing recession stabilizing. Lower energy prices and China’s growth help delay a European…
While there were concerns about an impending recession, both the U.S. and European economies showed resilience with growth rates exceeding expectations. Strong job security and…
Ben Pace, Christian Thwaites and James Lebenthal
The global economy continues to avoid a near-term recession, as consumer spending remains strong and the effects of monetary tightening have yet to be fully…
Markets have recently been and will continue to be driven by three key influences: monetary policy primarily emanating from the Federal Reserve, China’s COVID reopening…
Ben Pace, Tom Cohn and James Lebenthal
Despite the persistency of inflation and the magnitude of rate increases in 2022, the economy has generally remained resilient, buoyed by the inherent strength of…
Curious about learning more? Let’s talk.
Tell us about yourself and your current financial situation without cost or obligation. Receive an introduction to a wealth management colleague, have a personal conversation, and get your questions answered.