December 9, 2020 – Boyd Watterson

Near-term economic data is likely going to weaken as more mobility restrictions are put in place. However, as long as the outlook for recovery in 2021 is not altered, cyclical assets will likely continue to lead.

December 9, 2020Rank Dawson, CFA, FDPWeekly Market Minute

Recently, we have been noting how strong investment markets have been performing, led by cyclical, economically sensitive areas. This is occurring at a time when COVID-19 related data (cases, positivity rates, hospitalizations, and deaths) in the U.S. are at or near the highest levels since the pandemic started, which is prompting policy makers to...

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Near-term economic data is likely going to weaken as more mobility restrictions are put in place. However, as long as the outlook for recovery in 2021 is not altered, cyclical assets will likely continue to lead.