The Market in Five Charts: Don’t Let Mixed Short-Term Signals Clutter Long-Term Thinking

May 26, 2021 - Mixed short-term signals frame what we believe is a fundamentally-sound macroeconomic backdrop for continued equity performance. In this month’s episode of The Market in Five Charts, Chief Investment Officer Rick Pitcairn examines how noisy data indicates some potential short-term volatility – while the long-term lens remains positive as the post-pandemic recovery plays out. 

Watch how we are assessing:

  • A potential market correction in historical context

  • Speculative market volatility

  • Robust - but priced-in - S&P quarterly earnings consensus

  • Payroll data that supports the Fed's current posture

  • ISM data as a driver of equity performance 




About Pitcairn

Pitcairn is a true family office and leader in helping families navigate the challenges and opportunities created by the interplay of family and financial dynamics. Through Wealth Momentum®, an experience-based family office model, Pitcairn helps families achieve a more effective and complete experience. Since its inception, Pitcairn has partnered with some of the world’s wealthiest families to meet their needs and drive better outcomes – year to year, decade to decade, generation to generation. Today, Pitcairn is recognized as an innovator, guiding families through generational transitions and redefining the industry standard for family offices. The firm is located in Philadelphia, with offices in New York and Washington, DC and a network of resources around the world.