Our positioning continues to favor a return to normalcy and economic expansion that is beneficial to value stocks. Value stocks are still attractively valued despite their year-to-date outperformance. We remain a relatively short duration within our fixed income sleeve.
As the economy continues to recover from the pandemic, driven by inoculations and expectations of a return to normalcy, inflation expectations have risen. This is confirmed by several underlying data points indicating risks to the upside.
We are watching closely as the economy continues to re-open and things are beginning to return to normal. We believe this is one of the strongest economic rebuilds in history and the rate will begin to rise in anticipation of FED tightening. To learn more watch the video!
2021 Investment Strategy & Outlook
We believe the big picture for 2021 will be a broad-based re-opening of the economy. As businesses begin to get back to normal, we anticipate above-average economic growth for the next one to two years. Our 2021 outlook walks through six key factors.
2021 Investment Outlook and Strategy
As the vaccination rollout continues to accelerate and states begin loosening COVID-19 restrictions, our investment thesis of economic growth over the next two years still remains intact. The government has also been quick to react with economic stimulus, which is positive.
We may not have a declared winner to the 2020 Presidential contest of November 4th, we have the needed information to begin positioning our portfolios for the future. Now, it seems Congress will stay divided, with Republicans retaining control of the Senate.