Two positive and noteworthy developments highlighted the second quarter of 2021: The COVID pandemic has started to recede in the United States, and the U.S. economy is bouncing back as pandemic restrictions are being lifted across the country. But will the economy be able to sustain its current rate of growth? How will monetary policy and pending legislation affect the markets in the second half of 2021?
We invite you to download the 2021 Q2 Review by the Hancock Whitney Asset Management team. It provides details and perspective on some positive economic trends, such as the return of consumer spending as the result of pent-up demand, continued job growth, and new highs in the equity markets, plus the challenges presented by inflation, ongoing negotiations regarding infrastructure spending and taxes, and concerns that the slowdown in the vaccination rate may lead to a surge in COVID cases fueled by the highly transmittable Delta variant.