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Investment & Economic Strategy Update — August 18, 2021

In Our Opinion:

• Markets within the US have done quite well year-to-date.

• China and the emerging markets are not doing well.

• US economy should do quite well through the rest of 2021 and into 2022.

• Growing economy could continue for the next 5-10 years.

• Remember: Volatility is normal, a 10-12% pull-back could happen.

• Lumber prices are now negative year-to-date after the sharp spike over the last couple months.

• Some inflation will be short-term, some long-term, and some will be permanent.

If you have questions or concerns about your portfolio, give us a call. (800) 618-8577 or visit our website, www.ReznyWealth.com and schedule a consultation.

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