Monthly Note

Hello,

Spring has sprung and I think everyone is ready for it. COVID cases continue to behave and even the CDC is starting to relax guidance. The world seems a bit calmer these days and I like it.

The economy is looking very strong and the markets are doing well. Technology continues to dominate, and we’re seeing less volatility day to day, with smaller overall swings. What sectors are going to lead in the future is a bit of a guessing game at this point. Passive and active management continue to compete for the best performance. That’s typical cyclic behavior and another positive sign. Markets often go through small corrections, and I won’t be surprised at all to see one this year. In fact it would be healthy, however I think the future is bright for the markets.

I suspect this summer is going to be a prized time for just about everyone. Nicer weather and COVID restrictions (hopefully) lifting should create a flurry of activity. We are finishing up a few annual reviews/phone calls, but will most likely be pausing through June, July and August, starting up strong again in September. However, I will be in the office and around all summer. I have a number of family visits coming but I am not leaving the immediate area for more than a few days, so I won’t be far off. Do not hesitate to call or schedule an in-office appointment.

I turn 40 in May and will be out of the office for a bit in the middle of the month celebrating with family and friends. However, as always, my office phone will ring through to my cell and never hesitate to call.

Opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful. Because of their narrow focus, investments concentrated in certain sectors or industries will be subject to greater volatility and specific risks compared with investing more broadly across many sectors, industries and companies. Rebalancing a portfolio may cause investors to incur tax liabilities and/or transaction costs and does not assure a profit or protect against loss.