Tomorrow, the Elvis Week celebration will begin at the Graceland Mansion in Memphis, Tennessee. Due to COVID-19, the schedule has been adjusted to include both virtual and limited attendance, socially distanced in-person events so that all fans wishing to commemorate the life, legacy, and music of the King of Rock & Roll can feel safe doing so. To borrow lyrics from arguably one of the greatest cultural icons of the 20th century, “someone said that the world is a stage and we must each play a part.” While he surely filled the role of entertainer, we hope to fulfill the part of a trustworthy source of investment insights. The pandemic has undoubtedly brought about a number of challenges for investors, but constructing a well-founded economic outlook and identifying opportunities in the midst of this unprecedented time are “always on my mind.” Until we can announce that COVID-19 ‘has left the building,’ our team will strive to do exactly that.
All expressions of opinion reflect the judgment of Raymond James & Associates, Inc., and are subject to change. Information has been obtained from sources considered reliable, but we do not guarantee that the material presented is accurate or that it provides a complete description of the securities, markets or developments mentioned. There is no assurance any of the trends mentioned will continue or that any of the forecasts mentioned will occur. Economic and market conditions are subject to change. Investing involves risk including the possible loss of capital. International investing involves additional risks such as currency fluctuations, differing financial accounting standards, and possible political and economic instability. These risks are greater in emerging markets. Companies engaged in business related to a specific sector are subject to fierce competition and their products and services may be subject to rapid obsolescence. Past performance may not be indicative of future results.
Commentary & Insights
March 17, 2020
COVID-19 has officially been declared a pandemic, pushing markets into bear territory. Explore timely market insights.Weekly commentary by Dr. Scott Brown