By aboccia
These markets continue to shock and awe. Aside from the entertainment value, there is plenty to keep an eye on. With that in mind, see below four themes we are watching closely for the remainder of March, as well as our current asset allocation tilts. Value Surges as Tech & Growth Give …
By aboccia
Dear Friends, On Thursday, March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (“ARP”) into law. This $1.9 Trillion emergency relief package includes payments to individuals and funding for federal programs, vaccines and testing, state and local governments, and scho …
By aboccia
Dear Friends, “It’s tough to make predictions, especially about the future.” Yogi Berra The starting point matters. Early last week, the Nasdaq officially moved into correction territory, down more than 10% from the all-time high. It took only 15 trading days to do this, o …
By aboccia
Dear Friends, As you probably know, President Biden has proposed numerous spending programs that would cost almost $2T. A large stimulus package carries several knock-on-effects, including the need to eventually raise taxes. In addition, so much spending could also increase inflation. To me …
By aboccia
Dear Friends, We start 2021 still tackling many of the major challenges from 2020. The COVID-19 pandemic has continued on, affecting livelihoods and economies around the World. While most of the World experienced a recession in 2020, we expect economic growth to re-accelerate in the USA in …
By aboccia
Dear Friends, Welcome to a New Day in America. We all wish President Biden much success as his success will be our success as Americans. U.S. stocks have continued to climb amid optimism about a vaccine-led economic recovery and a generous stimulus plan, but it’s a narrow path—buoyant inves …
