LEADING STRATEGIST JASON TRENNERT IDENTIFIES THE POWERFUL, LONG-TERM MACRO TRENDS DRIVING THE MARKETS

November 6, 2020

What a week! The widely predicted blue wave of Democrats sweeping into the White House, taking over the Senate majority, and increasing their dominance in Congress has failed to materialize.

As far as the stock market is concerned, a divided government is a plus because not a lot will change in the way of tax policy and regulations.

Investor optimism is not shared by Federal Reserve officials who expressed ongoing concern about the economy and the recent uptick in COVID-19 cases

in today’s Federal Open Market Committee policy announcement.

“The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year… “

“The path of the economy will depend significantly on the course of the virus. The ongoing public health crisis will continue to weigh on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term.”

Ongoing Fed stimulus is another reason Wall Street is bullish.

At WEALTHTRACK we realize that we do not invest in a vacuum. What is happening in the world around us affects the markets and companies we invest in, which is why macro matters.

This week, in part 2 of our interview with financial thought leader, Jason Trennert we are going to identify some of the biggest trends that have been forming around us and are gaining momentum.

Massive stimulus, big government, low-interest rates are three of the megatrends moving markets. Jason Trennert lists their winners and losers.

WEALTHTRACK Episode #1719; Originally Broadcast on November 06, 2020

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JASON DE SENA TRENNERT

  • Co-Founder, Chairman, CEO & Chief Investment Strategist,
  • Strategas

GIVE YOUR FINANCIAL PLAN A COVID ANALYSIS

  • WHAT PANDEMIC CHANGES CAN YOU APPLY TO YOUR LIFESTYLE?
  • WHICH ACTIVITIES REALLY MATTERED, WHICH DIDN’T?
  • WHICH EXPENDITURES WERE CRITICAL, WHICH WERE SECONDARY?

No Bookshelf titles this week.

HIGHER INFLATION HEDGE

GDXJ Chart

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No stock mentions in this episode.

PANDEMIC PORTFOLIO CHANGES

Strategas Chief Investment Strategist Jason Trennert shares the changes he has made in his personal portfolio during the pandemic.


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