Mid summer 2021: Tactics and strategy
Year 2021 has been very kind to the believers in the equity culture who had the courage to stay invested during the impressive multi year run since 2009. In the recent past, we have experienced brutal corrections in 2018 and 2020.
Market Comment August 2021
The effects of the pandemic on the economy have continued to diminish, but risks to the economic outlook remain. Progress on vaccinations has limited the spread of COVID-19. However, the pace of vaccinations has slowed, and the “delta” strain of the virus is spreading quickly in some areas.