A Lack of Clarity

Once again, COVID concerns are front and center with increased fear and confusion regarding the Delta variant.
Economic data is varied with manufacturing strength but some service industry production has slowed down.
Q2 earnings looked good with 88% beating EPS expectations. – J.P. Morgan
Mortgage rated declined to the lowest levels in more than five months. – Bloomberg
Lumber prices continue to decline but many commodities are still rising.
Biden’s $1.2 trillion “bi-partisan" infrastructure plan has yet to be passed amid concerns about how to pay for it.
U.S. inflation risks are higher than those in other countries given our supply and demand imbalances. Diminished supply of goods and labor, amid demand rebounds in many sectors, might take some time to unwind. – Vanguard Capital Markets, July 2021
While earnings have remained strong, the level of future earnings increases have slowed down compared to previous quarters. – Earnings Scout, July 2021
The Department of Veteran Affairs became the first Federal agency to require its health care workers to get vaccinated against COVID 19. – Daily Skimm, July 2021
Housing demand is starting to slow down as sales of new single-family homes in June dropped 66% below the revised May rate. Sales were 19.4% below the June 2020 rate. – Calculated Risk Blog, July 2021
Job growth, while positive, is not meeting expectations. – Beacon Capital Management, June 2021
IMPORTANT DISCLOSURES
Investment advice offered through Strauss Financial Group, Inc., a Registered Investment Advisor.
These materials, opinions, analyses, and information are provided for general informational purposes only based upon sources believed to be reliable and in good faith—but are not considered all-inclusive, and no representation or warranty of any kind, expressed or implied, is made concerning accuracy, completeness, correctness, timeliness, or appropriateness. In addition, we undertake no obligation to update such opinions, analysis or information, and no warranty or guarantee is made. The information in these materials may change at any time and without notice. Neither the information nor any opinion expressed herein constitutes a solicitation for the purchase or sale of any securities and should not be relied on as financial advice. Please consult your attorney and/or accountant regarding legal and tax issues. Past performance is no guarantee of future results. All investing involves risk, including the potential loss of principal, and there can be no guarantee that any investing strategy will be successful.
Prices, quotes, rates, and yields are subject to change without notice. Not FDIC Insured, Not Bank Guaranteed, and May Lose Value.