Securing the Foundation
As the stock market moves past the wonky year-over-year comparisons of last year’s shutdowns, we are seeing the emergence of normality return of the overall plumbing of capital markets. This is allowing investors to slowly move away from the habit of viewing stocks as stay-at-home or reopening plays and back toward viewing each company based on its individual merit. As this process plays out, our client portfolios are well-positioned as many of our companies are directly benefitting from rising growth across the U.S. and global economy.
In this week’s edition of the Market & Portfolio Review, our investment team will discuss that as COVID cases continue to fall across the U.S., investors are becoming more confident that the recovery has legs and will continue to mature upward over the course of 2021. Rising economic growth rates, low interest rates, and healthy credits are likely to fuel a powerful corporate earnings recovery, which is historically a positive catalyst for stock prices. As a result, our work suggests now is a great time to remain invested or, if you missed the first part of the rally, to invest for future growth.
Key Takeaways
- The economic recovery is becoming more resilient as falling COVID cases allow more states to fully reopen
- Corporate earnings are beginning to accelerate to the upside
- Credit markets are healthy and stable
The information here is presented by licensed professionals and not specific to any individual’s personal circumstances. Investment advisory services offered through LifePro Asset Management, LLC, a registered investment adviser. Investments involve risk and are not guaranteed. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy will be profitable or equal any historical performance. Discussion of any specific stocks are based on objective, non-performance criteria and such discussion neither serves as a recommendation nor as the receipt of, or a substitute for, personalized advice. Due to various factors, including changing market conditions, such discussion of positions and/or recommendations may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Advisor, or from any other investment professional. Forward-looking statements such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” are based on management’s views and assumptions at the time such statements were originally made and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. LifePro Asset Management does not undertake any obligation to correct or update any forward-looking statements on the LPAM Site.
