Market Updates

Brad McMillan, Commonwealth’s CIO, gives an update on the coronavirus pandemic, including its effects on the economy and markets. There was some good news on the pandemic front, with daily testing numbers continuing to rise. We didn’t see as much progress in the daily spread rate and the number of new cases, with both remaining relatively stable. Here, the results may be better than they look, as we didn’t get a bump in new cases even though the economy started to reopen. In fact, the economic reopening seems to be going better than many expected. The restaurant business has started to tick up, and mortgage applications have just about returned to 2019 levels. With all signs pointing to a recovery that’s well on track, could recent market volatility be behind us? Watch this video to learn more. Follow Brad at blog.commonwealth.com/independent-market-observer.

# vimeo.com/421143021 Uploaded 657 Views 0 Comments

Market Updates

Commonwealth Financial Network PRO

Brad McMillan, managing principal, chief investment officer, at Commonwealth, provides our advisors and their clients with market insights and analysis to help inform their investment decisions.

Browse This Channel

Channels are a simple, beautiful way to showcase and watch videos. Browse more Channels.