Capital Perspectives September 2021

Tony Roth |
Investment Management
Capital Perspectives

In the September issue of our monthly flagship publication, we feature:On the Record by Chief Investment Officer Tony Roth, where he shares his views on the resiliency of the financial markets amid political and social crises, including the resurgence of COVID-19 and waning vaccine effectiveness, China’s regulatory crackdown, and high U.S. inflation, among a host of other developments.

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Municipal Fixed Income Quarterly Market Commentary 2Q2021

Dan Scholl and Gerard Durr |
Investment Management
Municipal Fixed Income

In the 2Q 2021 issue of our quarterly publication, we:Discuss the how the federal stimulus and vaccination rates have pushed credit spreads tighterDetail the impact the infrastructure plan would have on the economyNote what is likely needed to see the plan move forwardThe first half of 2021 continued to produce strong cash flows and positive returns for the municipal market.

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Strong Labor Market Could Bring Fed Hikes Earlier

Luke Tilley and Rhea Thomas |
Wilmington Wire
Panoramic image of the Federal Reserve Building in downtown Washington DC, USA.

August 9, 2021—Last week’s jobs report was strong for the second month in a row and immediately prompted questions about how it may affect the Federal Reserve’s dovish posture. With 1.9 million combined jobs added in June and July, gross domestic product (GDP) surpassing the pre-pandemic peak in 2Q 2021, and inflation at the highest in decades, it’s natural to think the Fed would normalize policy soon.

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