May 2021 Market Commentary
May was a modest extension of the positive pattern that has been in place most of this year. Domestic Value indexes still lead all YTD performers.
May was a modest extension of the positive pattern that has been in place most of this year. Domestic Value indexes still lead all YTD performers.
An unexpectedly weak employment report and a jump in inflation at the consumer level were sufficient to derail, at least temporarily, the “recovery bull market” that has persisted since last April.
April was a great month for investors, one of many over the past year.
Though all economists expect inflation numbers to rise in the near term, there are different views on the potential long-term effects
Corrections in equity markets are as inevitable as the passage of time but investors that remain focused on a coherent strategy and philosophy have in hand the best means to outpace inflation and to harvest real returns.
At the heart of this story are two very different sets of investors: professional managers of multibillion-dollar hedge funds and a small army of individual investors connected through social media.