Investment & Economic Strategy Update — May 5, 2020
In this update video, Brian discusses the U.S. economy as state and local governments begin to ease restrictions and allow businesses and recreational areas to open back up. There is not going to be a “new normal”… Things such as travel, shopping, and spending within the U.S. will get back to normal over time as consumers begin to resume their normal daily routines. As businesses begin bringing back supply chains to the U.S. it will strengthen our economy. 2021, in our opinion, will show the strength and resilience of the U.S. and the government policies being put in place will help speed up the process. As usual, investing outside of the U.S. is not a good option at this time and, in our opinion, expect the long-term GDP growth in China to suffer as countries around the world begin to pull-back from their dependence on China.