The separation between countries that have been able to successfully vaccinate large portions of their populations and those that have not, continues to be a key factor in the global economic rebound. The key points for July’s market update are:
- The economic reopening and recovery are in full force. We believe the government spending and low interest rate environment will be positive for the market going forward.
- Inflation is likely to subside later this year and into next, without sustaining recent, abnormally elevated levels.
- We expect to see continued oscillation between value and growth stocks, with the potential for opportunities to arise in emerging markets. Click the button below to watch the full update.
We hope you find this video educational and informative. If you have any questions, please reach out to your advisor. As always, thank you for putting your trust in the Merit team.