Diazo Wealth

Quarterly Review Webinar


Missed our first quarter webinar? Download the replay as we discuss the coming quarters and what factors could have an impact on your portfolio.

Original Broadcast: Thursday, July 29, 2021 @ 3pm PT

During the webinar, we discussed:

Halfway Point Review 

  • Second quarter is likely the peak growth rate for both the economy and corporate earnings; with positive economic surprises waning.
  • For now, inflation looks “transitory,” but labor market slack holds the key to whether it becomes more persistent.
  • Sentiment, including margin debt and CEO confidence, suggest some contrarian market risk.

Contributing Factors and Going Forward 

  • ALL 50 States have re-opened, only HI still requires masks for all indoors–16 million jobs added back
  • 9 million job openings (all-time record)
  • Strong consumer & business credit health and conditions
  • Ongoing stimulus from government-induced liquidity (>$5 Trillion)
  • Including $850 billion in direct payments to citizens
  • S&P 500 earnings projections have risen +43% since May 2020


Justin J. Long CFPº

Download Webinar Replay