Moving into the second half of 2021 I thought it would be timely to take a walk through SEM's Economic Model to give us an idea of where we stand economically. The markets are obviously pricing in a spectacular recovery and we won't know until the fall what the economy
I've often used the analogy of treating a cancer patient to describe how our monetary and fiscal policy leaders have treated a recession. A doctor has two goals when treating cancer. The first is the most obvious — eliminate the tumor. The second is to make the patient as comfortable as
Summer is officially here and based on the weekend traffic, the lines at the grocery stores, the lack of inventory in the summer aisles at Target and Wal-Mart, Americans are out and about in full force. At the same time the stock market has stumbled, which begs the question, 'why
Imagine a world where headline inflation is reported at 5% and the stock market rallies. That's exactly what happened last week. I received several questions from advisors and clients asking how that can happen.
The simple answer is "the market already expected this." We are comparing prices and economic activity
The economic recovery should be back in full force with anybody who wanted to be vaccinated already receiving their vaccinations, the CDC essentially saying those who are vaccinated can do whatever they want, the number of new COVID cases at very low levels, and pretty much every state fully lifting
