While COVID-19 cases continue to rise globally, a bright spot on the horizon is continued vaccine development progress with 135 potential vaccines in testing with the possibility of being available by January. Unemployment rates are trending down and equity prices reflect optimism, however gold being at a record high and the 10-year Treasury rate at a record low, show signs of investor weariness.
To offer some overall perspective on the market and what may come next, attached is the most recent edition of Market Matters. As always, we continue to closely monitor market conditions, and we’re here to assist you however we can. If you have any questions or concerns, please don’t hesitate to reach out.
August 2020 Market Matters Update
August 12, 2020