Report

2021 Midyear Outlook – Fuel for Growth

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ON THE RISE

The Recovery Picks up Speed

The economy is running faster than most of us have seen in our lifetimes, and that’s an important feature of our investment outlook. In the first half of 2021, we witnessed remarkable economic recovery thanks to the increasing distribution of COVID-19 vaccines, increased private savings, low interest rates, and government stimulus. These factors are still providing fuel for growth that we believe should intensify the 2021-2022 economic recovery to its fastest two-year pace since 1965-1966.

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