The Pulse on the Economy and Capital Markets: September 13–17, 2021

At a glance:

Last week, we continued to see weakness in stocks, while bonds outperformed — signaling that investors are looking for safe havens amid uncertainty. Outside of the markets, new surveys on small business sentiment put a light on some interesting emerging trends. Some additional points to note are:

• Nerves are high among investors, who are still cautious about the future — and this showed up in last week’s performance. What should we expect going forward?
• Recent small business surveys took us back to trends from the 1970s. Here are the top trends you should know.
• More Americans are returning to the workforce from pandemic-induced layoffs, but the demographics are different than you may expect. We unpack the data.
• We’re reading about the rise of “yield farming,” ESG concerns related to China and a new lawsuit in the tech world that’s pulling focus toward data-sharing. Plus, we’re reading “The Facebook Files,” which is The Wall Street Journal’s investigative report into what happens behind the scenes at the social networking giant.

Related resources

• The rise of Yield Farming: A beginner’s guide to passive income in Decentralized Finance (DeFi)
• How China’s pollution fight is roiling commodities
• DoorDash sues NYC over new data-sharing law
• The Facebook Files – the Wall Street Journal’s investigative report into a number of behind-the-scenes issues at the social network and its properties – link to the podcast

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 (September 21, 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.

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