Market perspectives

The Wealth Management Virtual Summit features an expert financial commentary, a tax planning roundtable discussion, and a timely economic and market outlook.

The August retail sales report might have been a nice surprise, but it comes with a notable asterisk. Retailers benefited from an unexpected pickup in sales, but much of that gain was explained by negative revisions to July sales data.

Over the past year, consumers have tripled their cash balances, which should help to support both equity markets and economic growth in the months ahead.

While an uptick in volatility at some point is inevitable, following an unusually long period without a market pullback, it’s not likely to mark the end of the bull market.