Economic recovery continues, but can the Fed keep inflation in check?
- We are watching for signs of sustained inflation, such as higher wages and a faster velocity of money. But demographics, technology, and a flexible Federal Reserve should ultimately keep inflation, and interest rates, under control. Read More… – Vanguard
- With vaccinations rising and restrictions lifting, major economies around the world should experience robust growth for the remainder of the year and into 2022, according to the International Monetary Fund (IMF). Read More… – Capital Group
- Apart from vaccinations, unprecedented fiscal stimulus from both the previous and current administrations has proven to be a powerful accelerant for the economic recovery. The $1.9 trillion American Rescue Plan, signed into law in March, is still working itself through the system and will continue to support the economy through the end of the year into 2022. Read more… Dr. David Kelly, Chief Strategist, JP Morgan
As always, we continue to believe that one’s circumstances and risk profile should determine the appropriate mix of investments, and not media headlines. Please contact us if you ever have any questions or concerns about your accounts or any news you hear.
Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment, asset class, or investment strategy (including the investments and/or investment strategies recommended by the adviser), will be profitable or equal to past performance levels. Information in this commentary is gleaned from third party sources, and while believed to be reliable, is not independently verified.