TCM Market Outlook and Strategy July 12, 2021

Stephen M. Mills, CIMA®

Managing Partner PIM Portfolio Manager

Brad Bays, CIMA®

Partner PIM Portfolio Manager

HighlightsU.S. GDP growth surged 6.4% in the second quarter.The U.S. Federal Reserve recently indicated a gradual adjustment to monetary policy over the next two years, including possible interest rate increases.Stocks continue to outperform bonds and money market funds.We see robust U.S. economic growth for... More

TCM Market Outlook and Strategy April 16, 2021

Stephen M. Mills, CIMA®

Managing Partner PIM Portfolio Manager

Brad Bays, CIMA®

Partner PIM Portfolio Manager

Highlights:Widespread vaccine distribution is helping the U.S. economy to rebound from its pandemic-induced recession.U.S. job growth continues rise but still has a long way to go to get back to pre-pandemic levels.The U.S.... More

TCM 2021 Investment Outlook & Strategy

Executive SummaryU.S Economy – (Pages 3-4)

• The U.S. economy has made a remarkable recovery from the worst quarterly decline in its 250-year history during the second quarter of 2020 when Gross Domestic Product (GDP) fell 31.4% on an annualized basis.3 • We believe 2021 will... More

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