All-time highs often lead to further highs. But they can also signal increased risk.
Fears about the election look to be overstated.
Over the past week, the daily case growth rate has ticked down.
The dollar is down from its recent peak, but it’s still above 2019 levels.
Market risks remain despite rebound.
With viral control measures back in place and with job growth and confidence strong, overall prospects remain favorable.
Despite the headlines and the risks, we move into the second half of the year in a much better place than expected.
May was a good month, in terms of the virus, the economy and the markets.
There are several key factors that matter when determining the overall risk level.
We made significant progress in April and have a good chance of doing the same in May.
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