Key Takeaways for Savvy Investors
2021 opened with great optimism and hope that vaccines would put the pandemic in the rearview mirror.
The year so far had a lot of highlights: the U.S. economy roared back from its 2020 recession, personal incomes hit a high mark, home values increased, and U.S. companies enjoyed record profitability.7,8,9,10
All that optimism has led to record-breaking stock performance (50+ all-time-highs in 2021), causing the S&P 500 to double in less than a year.11,12
But, the clouds on the horizon could lead to more market volatility.
There are a few things I’m watching as we head toward the close of 2021:
- New COVID-19 variants
- Higher inflation
- Fed tapering
- Political and geopolitical concerns
- Economic growth
- The rising debt burden
Since markets are cyclical, the good times are bound to end, and now is a good time to be cautious.
The flipside is that rocky times don’t last forever either.
Bottom line, I'm keeping a close eye on conditions and staying flexible.
It's more important than ever to have a strategic investment strategy tailored to your financial goals.
Questions about what’s going on? Or how the markets impact your financial plan or investment strategy?
Please reach out. I'm happy to chat. Free consultation to start planning your financial future.