Ben Mohr, CFA
Director of Fixed Income, Managing Partner
President Joe Biden signed the $1.9 trillion pandemic relief package yesterday amidst rising inflation and interest rates since the beginning of the year as the markets price in future growth. With Fed Chair Jerome Powell’s recent reaffirmation of the central bank’s accommodative monetary stimulus, continued vaccine rollout, a drop in COVID-19 cases and deaths, and Biden’s statement that the U.S. will have enough vaccines for every adult by the end of May, a key question on many investors’ minds is, “How much more inflation and rising interest rates could we expect in the road ahead?” This edition of Marquette Perspectives will attempt to answer that question by examining this relief aid in connection with vaccination progress and the economic recovery.
GDP growth turning positive in the first quarter, May unemployment down to 5.8% from 14.8% in April 2020, and the…
This legislative update covers the Secure Act 2.0, provides an update on the Department of Labor’s enforcement of its
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