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