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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.
Each month, senior leaders of Hancock Whitney’s Asset Management team discuss the latest news and events that impact markets and the economy. On this month’s call, the team discusses:
- The latest trends regarding COVID-19 cases, hospitalizations and fatalities, and progress on an effective COVID-19 vaccine.
- The continued encouraging 3rd Quarter economic data after a difficult 2nd Quarter.
- Stock market returns were strong, highlighting that the month was the best August for the S&P 500 since 1986.
- Why stocks continue to rally in the midst of a pandemic, and what to expect going forward.
- Long term U.S. Treasury yields are moving up as the amount of debt continues to climb.
- An update on the Fed’s new stance on inflation and why this is important.
See and hear this month's presentation by clicking the "play" arrow below:
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.
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