In this commentary we discuss the sharp rise in longer-term interest rates, the continued move higher in equity prices, and the significant improvement in economic forecasts for 2021. We also touch on increasing signs of speculation in some areas of the market along with our belief that equity prices will not match earnings growth in 2021 after the S&P 500’s 80% rise since the pandemic lows.

Read the full 2021 Q1 Market Commentary for more…

2021 Q1 Market Commentary