As the days grow shorter in between earnings seasons, a host of risks that investors ignored all summer due to strong earnings have come into focus — the surging Delta variant, dysfunction in DC, questions about the Biden administration's fiscal policy agenda and the Evergrande crisis. Plus, the Federal Reserve has signaled it could begin tightening monetary policy. With worries mounting, the S&P 500 Index suffered its first decline in seven months in September.1
Michael Arone, CFA, Chief Investment Strategist, US SPDR Business and Matthew Bartolini, CFA, Head of SPDR Americas Research sit down to discuss the latest market dynamics impacting the recovery and strategies for positioning portfolios amid concerns about the future sustainability of both earnings and the economy.
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1 Bloomberg Finance, L.P., as of September 30, 2021
The views expressed are the views of Michael Arone and Matthew Bartolini as of October 4, 2021 and are subject to change based on market and other conditions. The opinions expressed may differ from those with different investment philosophies.
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