2nd Quarter 2021 Economic and Financial Markets Summary

The second quarter of 2021 ended with stocks trading at all-time highs and with the S&P 500 Index up 15% for the first six months of the year.

At HM Capital Management we feel the U.S. economy and the stock market are at a crossroads. One road leads to the U.S economy continuing to expand with a Goldilocks scenario of quality growth without the economy overheating. The other road leads to rapid economic expansion that requires the Federal Reserve to pump the brakes aggressively resulting in the likely end to the current bull market. Which is the right answer? Watch our latest video to find out.