Review the latest Weekly Headings by CIO Larry Adam.
Key Takeaways
As we head into Memorial Day weekend, the unofficial kick off to the summer, the Investment Strategy Group would like to honor and remember all the fallen men and women in our armed forces who sacrificed their lives for our country. Whether you visit a cemetery, hold a family gathering, attend a parade, head to the beach or a barbeque with friends, enjoy spending time with your loved ones. And this year is shaping up to be a busy one! AAA is forecasting 42 million will travel by road, air or other modes of transportation this Memorial Day weekend – a 7% increase over last year’s levels. In fact, summer travel is closing in on pre-pandemic levels, with this year’s volume expected to be the third highest in the last twenty years – largely led by air travel. While summer vacation or staycation plans are on everyone’s minds, there are plenty of important market moving events to stay on top of this summer that have the potential to shape the directional outlook for the financial markets in the months ahead. Some of these include:
All expressions of opinion reflect the judgment of the author(s) and the Investment Strategy Committee, and are subject to change. This information should not be construed as a recommendation. The foregoing content is subject to change at any time without notice. Content provided herein is for informational purposes only. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Past performance is not a guarantee of future results. Indices and peer groups are not available for direct investment. Any investor who attempts to mimic the performance of an index or peer group would incur fees and expenses that would reduce returns. No investment strategy can guarantee success. Economic and market conditions are subject to change. Investing involves risks including the possible loss of capital.
The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Diversification and asset allocation do not ensure a profit or protect against a loss.