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Manage episode 289596452 series 1101878
One year after the beginning of the Covid-19
global pandemic, we see a new renaissance as the
vaccine rollout in the U.S. continues to accelerate.
As we slowly leave our state of hibernation, service
industries such as airlines, hotels, restaurants and
retail stores, to name a few, will undoubtedly
Renewed consumer spending, in combination
with accommodative fiscal policies, increase the
potential that the economy will experience some
short term inflation.
Our fixed income portfolios will continue to focus
on providing liquidity for our clients, along with
higher than market cash flows.