The Market in Five Charts: Optimism and Uncertainty Collide

July 28, 2021 - The first half of 2021 ended with a bullish market backdrop driven by robust GDP growth and astounding earnings growth. Yet, all is not rosy, as markets attempt to make sense of a promising economy recovery fraught with two challenges: inflation and the Delta variant.

In this month's The Market in Five Charts, Chief Investment Officer Rick Pitcairn assesses:

  • The market's potential reaction to an expected blockbuster earnings season
  • Unprecedented stimulus fueling an accelerating economy and rapid market recovery
  • The cause-and-effect of stimulus and short-term inflation
  • The Delta variant's potential impact on global risk markets
  • A speculative market and how history portends a potential summer pullback

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.