In this edition of Evergreen Chartbook, we’ll explore the economic recovery we have seen since the US officially entered a recession in Q2 of 2020. We will also delve into the impressive and broad-based rally within financial assets, as well as our current outlook for financial markets.
The Covid-19 crisis has led to a truly unprecedented environment for the global economy, markets, and society as a whole. With so many variables at play, it’s logical to wonder how a myriad of factors will impact portfolios and investments.
Financial markets have been breathtakingly strong so far in 2019. In fact, it’s been the best start for the US stock market since 1992, with the S&P 500 posting a 13.1% total return through mid-March. Another impressive stat is that the NASDAQ began the year with nine straight up weeks – a feat not seen since 1964. International stocks, corporate bonds, REITs, and midstream energy assets have also posted remarkable returns.
In this exclusive Quarterly Webinar, David Hay discusses “the Biggest Bubble Ever”, the economy, the stock market, inflation, the bond market, and energy.
In this exclusive Quarterly Webinar, David Hay discusses what’s happening in the housing market, credit spreads and US treasuries, small cap stocks, the credit bubble, US corporate profits, global trade war, US stock market, and echoes of October 1987.