The Pulse on the Economy and Capital Markets: Nov 22 – Nov 26, 2021

At a glance:

• Overall, the markets declined largely due to the Omicron variant and unknown fears of the economy shutting down.
• U.S. equity markets remain higher than they were at the end of September.
• The latest economic index report points towards future economic growth and working through supply chain constraints.
• There is a resurgence in commercial real estate development particularly in the Midwest and South in multi-family residential, commercial, industrial and mixed-used properties.
• Private Equity markets are looking past COVID and are on a record pace for investments with long-term opportunities.
• Meanwhile we are reading about how Black Friday shopping in stores drops 28% from pre-pandemic levels, Samsung announces a $17 billion chipmaking plant in Texas, October record increase in construction inflation and remembering Stephen Sondheim – “The Best There Ever Was.”

Related resources:

• Black Friday shopping in stores drops 28% from pre-pandemic levels
• Samsung announced a $17 billion chip plant in Texas
• October record increase in construction inflation
• Remembering Stephen Sondheim – “The Best There Ever Was”

Disclosures

Investment advisory services are offered by Aprio Wealth Management, LLC, a Securities and Exchange Commission Registered Investment Advisor.  Opinions expressed are as of the current date (November 29th, 2021) and subject to change without notice. Aprio Wealth Management, LLC shall not be responsible for any trading decisions, damages, or other losses resulting from, or related to, the information, data, analyses or opinions contained herein or their use, which do not constitute investment advice, are provided as of the date written, are provided solely for informational purposes and therefore are not an offer to buy or sell a security. This commentary is for informational purposes only and has not been tailored to suit any individual. References to specific securities or investment options should not be considered an offer to purchase or sell that specific investment.

This commentary contains certain forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially and/or substantially from any future results, performance or achievements expressed or implied by those projected in the forward-looking statements for any reason.

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