The Economy The domestic economy continues to show strong growth with the Bureau of Economic Analysis posting first quarter GDP growth of 6.4%. This reflects the continued recovery throughout the economy and the reopening of restaurants and entertainment following the pandemic. The strength of the recovery continues to be supported by the government’s response, both […]

Portfolio Model Rebalancing Strategies Core Sector In our Core Sector model series, we place sector bets by overweighting in ETFs that correspond to sectors of the S&P that we believe will outperform over a period. In the second quarter, we were overweight in healthcare, technology, and communication services. Technology – Demand for the Tech sector […]

Our base case investment view is that the vaccine will be successful in controlling the spread of the COVID 19 virus which will help support the reopening of the economy. This in turn, will help put people back to work supporting an improvement in the labor market to the point that we actually experience wage […]

Chief Investment Officer and President, Greg Hahn, sits down with Portfolio Manager, Adam Coons for another episode of Winthrop’s “Weekly Insights” podcast. Tune in as they discuss our outlook for the markets as the Fed shifts fiscal policy and the economy continues to reopen to full capacity in the second half of the year. Greg […]

Before this year’s end, we expect the Federal Reserve will begin to shift away from the aggressive monetary policy that has provided support to the capital markets since the start of the pandemic in March last year. With the increase in vaccinations and more of the economy reopening, we expect GDP growth to accelerate over […]

The Economy Our base case for the economy remains that the vaccine will be effective in controlling the spread of COVID-19, which will clear a path for the economy to reopen and economic growth to rebound. The increase in demand will put pressure on inflation and wages as we expect a labor shortage in the […]

Last week, the Labor Department announced that only 266,000 jobs were added in the month of April, which was well below expectations of one million new jobs. Still, our base case outlook for economic growth is that the vaccine will prove successful at controlling the spread of the COVID-19 virus, and the economy will take […]

Our base case for the economy hasn’t changed. We expect the vaccines will be effective at controlling the spread of the COVID-19 virus. We are at the intersection of the spread of the virus and the rollout of the vaccines, and the number of COVID-19 cases is declining. As the pandemic subsides, the economy will […]

Economy The U.S. economy showed signs of stabilization in the first part of 2021. Congress and the Fed are fueling the economy for a roaring comeback from the market downturn, and manufacturing is at its highest level since 2018. Widespread vaccine distribution is a promising sign for the reopening of several parts of the economy. […]

Economy The International Monetary Fund (IMF) expects the world economy to expand by 6% this year, the fastest pace of growth since 1980. The new projection is an increase from the prior projection of 5.5% that the IMF made at the start of the year, and the optimistic outlooks is lead largely by the surge […]