Angelo is responsible for analyzing market conditions, assessing economic trends and developing portfolio strategies and recommendations that help investors work toward their long-term financial goals. Prior to Edward Jones, Angelo worked in New York as an equity trader and held roles at HSBC and Ameriprise Financial.
No bull market is completely devoid of setbacks. Even the second-longest bull market on record (2009–2020) had its share of blemishes. During that period, there were six 10% corrections driven by a variety of factors, including growth scares, trade wars, oil prices and shifts in Fed policy.18 October 2021
A mid-cycle slowdown, or growth scare appears to be developing. Growth estimates are being revised lower at the same time as expectations and valuations are elevated.18 October 2021
We have seen this rotation back to the so-called reopening plays and the more cyclical areas, which I think makes a lot of sense over the next couple of weeks as we think about the Covid trends improving, with the cases falling from last month’s peak, and the news about the Merck pill appears promising.18 October 2021