The 2nd Quarter of 2021 saw the financial markets continuing to post impressive performance. The pent-up demand from the shutdowns is now starting to translate to a high level of consumer demand which is fueling corporate profits and expectations. However, there were some signs of inflation that the Federal Reserve has commented should be “transitory” in nature.
But if inflation continues to persist – what’s the long-term impact to the market, and more importantly, your retirement plan?
In our Q2 market review, we take an in-depth look at:
1. The State of the U.S. Economy
2. Where the “Growth vs. Value” Debate Currently Stands
3. What the Concerns over Inflation Mean