3Q 2020 Market Commentary

3Q 2020 Market Commentary

Economic Outlook By Dr. John McAlhany The third quarter ended with a similar level of uncertainty about the strength of the economy as existed earlier in the year. The final report on the economy for the second quarter confirmed what was expected. The US economy...
3Q 2020 Market Commentary

2Q 2020 Market Commentary

Economic Outlook By Dr. John McAlhany The expected happened. COVID-19 ended the economic expansion and plunged the US into a recession, the first since the Great Recession eleven years ago.  Officially, as determined by a committee at the National Bureau of Economic...