May 3, 2021
Listen to what the AMR team has been itching to do once the pandemic has ended and what they don’t want to see revert to pre-pandemic times.
Chris, Brian and Jeff Perry comment on President Biden’s address to Congress last week and how the policy implications could impact portfolios and taxes.
Fiscal policy has proposed increased spending and tax increases are likely to offset the spending. The market is reacting more to the extra spending than to tax increases. The increase in inflation expectations and increase in earnings has been positive for stock market and negative for investment grade bond market in the aftermath of the President’s address.