In recent weeks several clouds of uncertainty have dissipated. We now have a handful of strong vaccine candidates ready to distribute in the near future. These vaccines have upwards of a 90% effective rate, allowing us to end the pandemic in 2021. We also got past the chaotic 2020 election with a deeply divided government. … [Read more...]
No Alternative
Due to trade uncertainties, the market is pricing in an interest rate cut at the end of the month. During the July 30-31st Fed meeting, officials are 100% expected to cut interest rates by 25 basis points. Furthermore, this comes with the possibilities of future rate cuts in late 2019 and early 2020. This means borrowing costs will decline and … [Read more...]