As we began 2020, no one could have predicted that world markets would swoon as the novel coronavirus grew into a pandemic and the price of oil briefly went negative. And I don’t remember any prominent voices in late March proclaiming that stocks and bonds would claim back most of their losses in a matter of two or three months, even as we continued to battle COVID-19.
During July’s Coffee Club, we focused on what some leading financial voices are saying about where the markets stand now and where they’re likely to move in the next couple of years. We talked a bit about the behavior of markets in Presidential election years and whether the market is already pricing in hopes for a vaccine or better treatments.
Any opinions are those of David Werle and Scott Boatwright and not necessarily those of RJFS or Raymond James. The information contained in the video does not purport to be a complete description of the securities, markets, or developments referred to in this material. There is no assurance any of the trends mentioned will continue or forecasts will occur. The information has been obtained from sources considered to be reliable, but Raymond James does not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Raymond James is not affiliated with any of the companies or products mentioned. This is not a recommendation to purchase or sell the stocks of the companies mentioned.