The Pulse on the Economy and Capital Markets: August 23–27, 2021
August 31, 2021
At a glance
- Markets rebounded after a rough couple of weeks, as investors embraced more risk and more cyclical sectors. Meanwhile, we’re starting to see the Delta strain of COVID-19 impacting the economy and the stability of recovery.
- Positive, thanks to the Fed’s announcement about its tapered bond-buying program and its delay in increasing interest rates.
- Travel, restaurants, supply and rail cars are just a few of the sectors feeling the weight of the Delta strain and rising COVID-19 cases globally.
- We’re reading about Amazon’s new and promising partnership, inflation in the real estate market and an interesting “foodtech” investment from the fast-casual restaurant, Sweetgreen. Plus, we take a look at where young people are investing their stimulus money.
- Half of young investors invested their stimulus money, CNBC survey finds. Here’s where they put it.
- Affirm shares soar on news of Amazon partnership for Buy Now, Pay Later
- What inflation looks like in the rental market
- Sweetgreen buys robotic-restaurant chain Spyce as it prepares to go public
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About the Author
Chief Investment Officer At Aprio Wealth Management At Aprio Simeon is the Chief Investment Officer of Aprio Wealth Management and the Director of Aprio Family Office. Simeon brings two decades of professional investing experience in publicly traded and privately held companies, as well as senior-level operating and strategy consulting experiences.