The Pulse on the Economy and Capital Markets: Nov 22 – Nov 26, 2021
November 29, 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.”
- 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”
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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.