Never miss an update! Subscribe to LifePro Asset Management’s YouTube Channel!

Market & Portfolio Review: 4-28-21

Share on facebook
Share on linkedin
Share on twitter
Share on email

Here Comes the Boom

After a long battle with COVID-19, the United States is approaching the critical 65% vaccination rate, which was the magic number that allowed Israel to realize herd immunity, driving new cases to immaterial levels. If the United States achieves herd immunity, the foundation could be in place for a prolonged economic boom, fueled by a massive economic reopening, a cheap and rising supply of money, and a booming jobs market. As a result, we are preparing the portfolios for offense over the next 6-12 months.

Key Takeaways

  1.  As the U.S. vaccination rate approaches 65%, economic growth should accelerate upward
  2.  Economic re-openings, cheap money, and more jobs set the scene for an economic boom
  3.  A crackdown on new oil drilling just as consumption is rising, sets the stage for oil stocks

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“expect,” “intend,” “plan,” are based on management’s views and assumptions at the time such statements were originally made and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or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.

Robert Reaburn

Robert Reaburn

Robert Reaburn is the Executive Vice President and Head of Wealth Management at LifePro Asset Management. He works with financial advisors building diverse financial portfolios that best empower their clients with a lifetime of financial security.

Add Your Heading Text Here