Expressing optimism about the economy's gradual recovery prospects, City National Bank's investment team told clients the United States is moving away from severe coronavirus shutdown status and toward a "middle ground," with greater, albeit limited, business and social activity.
"This middle zone is where we're going to be living our lives for an extended period of time – months and months and months," said Garrett D'Alessandro, CEO of City National Rochdale, the bank's investment advisory organization, during the bank's weekly market update on Wednesday.
"We're not going to Madison Square Garden or Dodger Stadium for a long time."
Here's what this indicator is saying about US stocks right now. ACTIVE INVESTOR WEEKLY EDITION: January 21, 2022 View in a browser FIDELITY VIEWPOINTS ® WEEKLY EDITION: January 21, 2022 Bollinger band stock signal Here's what this indicator is saying about US stocks right now. Read more CHART OF THE WEEK Inflation and corporate consolidation US industries have become
Learn how to keep all your accounts—not just the ones at Fidelity—secure. November 18, 2021 View in a browser FIDELITY VIEWPOINTS ® WEEKLY EDITION: November 18, 2021 What to do after a data breach Learn how to keep all your accounts—not just the ones at Fidelity—secure. Read more What's ahead for your RMDs Make sure to take your required withdrawals this year, then start to plan ahead.