In the September issue of our monthly flagship publication, we feature:On the Record by Chief Investment Officer Tony Roth, where he details a disconnect between the stock market and the economy, the underlying associated risks, and how our focus on three pillars—economics, a long-term investment horizon, and risk mitigation—continue to guide our portfolio positioning.
September 2, 2020—Last week the Federal Open Market Committee (FOMC) of the Federal Reserve announced changes to its Statement on Longer-Run Goals and Monetary Policy Strategy. That official statement, first adopted in 2012 and only modified slightly in years since, is an important guidepost for markets, as it formally establishes how the Fed interprets the mandate given by Congress.
August 15, 2020—So, is this rally different? Four of our investment team experts blanketed media channels this week to answer that question, zeroing in on the strength of the support from pillars of the economy, as well as the prospects for the next round of COVID-19 congressional stimulus relief.