Wall Street is social distancing from Main Street. April was the best month for stocks since 1987, but the 36.5 million new unemployment claims filed harken back to the Great Depression. What gives?In an informative webinar on May 22, Chief Investment Officer Tony Roth, Chief Economist Luke Tilley and Head of Investment Strategy Meghan Shue, broke it all down in terms of our house view of what you can expect for markets and the economy. Listen now.
In the May issue of our monthly flagship publication, we feature:On the Record by Chief Investment Officer Tony Roth, where he discusses how this recession is unlike previous market dislocations and despite having a simple trigger, the impacts and investment implications are harder to gauge.
The COVID-19 pandemic may make the health care sector less resilient than it normally would be in a downturn.Historically, the health care sector has outperformed other sectors during down markets. This time may prove different because COVID-19 is giving rise to both humanitarian and economic impacts. Hospitals and health systems have reconfigured themselves to deal with the immediate health crisis.