<img height="1" width="1" src="https://www.facebook.com/tr?id=852282609072225&amp;ev=PageView%20&amp;noscript=1">

Markets and Economic Update for May 2020

May 13, 2020
David Lundgren, CFA®
David Lundgren, CFA®

Welcome to the Markets and Economic Update, provided by the Hancock Whitney Asset Management team as an informational resource for clients and individuals who are interested in hearing our perspectives on current economic issues.

   

AdobeStock_econ_update2_72dpi

 

We lead off the call with a review of some of the latest developments on COVID-19 treatments and the possibility of an effective vaccine being developed in the near term.

 

Social Distancing and Shelter in Place initiatives hampered growth in the U.S. in the latter part of the 1st quarter. The team discusses the impact of these initiatives in the 1st and 2nd quarters and attempts to lay out a scenario for what the economy may look like in the 2nd half of the year.

 

After a turbulent March, stocks rebounded significantly, producing the best monthly return since 1987 in April. We provide an analysis of a stock market that appears optimistic about the future despite some difficult earnings reports. 

 

Lastly, bonds experienced a pretty quiet April due to the Fed’s emergency efforts, but concerns are rising in the municipal bond market as state and local governments struggle with declining tax revenues.

 

Click the "play" arrow below to listen to the recorded session and learn more:  

 
 
 
 
A historical library of previous calls is available.
 
The information, views, opinions, and positions expressed by the author(s), presenter(s) and/or presented in the article are those of the author or individual who made the statement and do not necessarily reflect the policies, views, opinions, and positions of Hancock Whitney Bank. Hancock Whitney Bank makes no representations as to the accuracy, completeness, timeliness, suitability, or validity of any information presented. This information is general in nature and is provided for educational purposes only. Information provided and statements made should not be relied on or interpreted as accounting, financial planning, investment, legal, or tax advice.  Hancock Whitney Bank encourages you to consult a professional for advice applicable to your specific situation.
 
Investment and Insurance Products:
NO BANK GUARANTEE NOT A DEPOSIT MAY LOSE VALUE NOT FDIC INSURED
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
 

Related Topics:

CFO, News, Texas, Mississippi, Louisiana, Wealth Management, Alabama, Commercial Banking, Florida, Business Leader
Return to Insights

Related Posts

Selling a Business Checklist: 5 Essential Steps for a Successful Business Exit

For most owners, exiting their business is a monumental step. Whether the transition involves shifting control of the company to a key employee or a group of employees, gifting it to a family member, or stepping aside as it’s recapitalized by an outside entity, it’s a pivotal moment. Having an exit plan – allowing business owners to transition their business on their terms – is crucial to the success of the transition.

 

All Posts

Hancock Whitney Bank, Member FDIC and Equal Housing Lender Logo Equal Housing Lender. All loans and accounts subject to credit approval. Terms and conditions apply.

Hancock Whitney and the Hancock Whitney logo are federally-registered trademarks of Hancock Whitney Corporation. Copyright © 2024 Hancock Whitney Bank.
Back to Top