Review the latest Weekly Headings by CIO Larry Adam.
What a difference a year makes! As we enter the second quarter, enthusiasm for a sustainable reopening is mounting whereas last year, economies across the globe were bracing for what would become the height of the virus-induced lockdowns. To address our latest views, please join us for our upcoming Quarterly Coordinates webinar this Monday, April 12 at 4:15 EDT titled Resilience is in Our DNA—And in the Markets. We selected this title as we reflected upon all the changes brought about by the pandemic and the ongoing displays of resilience by the economy, the markets, and each and every one of us. While we hope you can join us on the call, we thought we would address our outlook for US equities as a prelude of what’s to come in light of the S&P 500 crossing the 4,000 milestone for the first time in history. While milestones are important, it is more essential to assess the underlying near term and long-term fundamental factors of the equity market.