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Market Update 5/20/2020

Market Update 5/20/2020

May 21, 2020
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Hope was lifted this week with the potential development of a vaccine for COVID-19 however, the preliminary release of the vaccine quickly created skepticism. Unemployment is likely to peak in the next month and a new bill known as the HEROES Act has been proposed to provide additional stimulus payments. While these events are all across the board, it’s progress towards recovery.

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.