Updated: Jun 3, 2020
The Steele Group wanted to provide an update on the recent market activity and reflect on the past year to compare where we are today:
It is important to remember that markets never go down or up in a straight line. As the COVID-19 cases are leveling off, it is providing the economy a base line to work off of. Depending on the timeline of re-opening the economy, we are seeing projections of a V shaped or W shaped recovery where we could see continued volatility over a period of time
before we move forward to new heights.
Please do not hesitate to reach out to Cliff, Mario, or Mark for assistance and know that we continue to be available to address any questions you may have.