July 26, 2021 – Daniel Zalipski, CFA®
With markets bouncing around all-time highs, while concerns of delta variants and inflation continue to dominate the headlines, it is no surprise that some are beginning to expect a market correction in the near-term. A market correction is defined by a 10% drop from the most recent peak. They can happen quickly or be drawn out over several weeks.
July 26, 2021 – Bob Veres
Arguably the wildest consequence of the recent pandemic is the remarkable price boom in the U.S. housing market—which, some might remember, went spectacularly bust in the 2008-9 Great Recession collapse. Today, half of all houses put on the market are purchased in less than a week, often for more than the asking price.
July 23, 2021 – Scott Rosenquist, CFA®
We have reached the half-way point in 2021 and the financial markets have performed well year to date. The economy continues to rebound from the pandemic while earnings estimates are increasing for the upcoming reporting period.