According to the calendar it is officially Spring!
Spring signifies new beginnings, the resurgence of warmer weather, longer days and the emergence of the flora and fauna that have spent the winter sequestered in hibernation.
It also marks the eminent return of the American consumers, workers and all the wonderful events that go along with social interaction.
As we look forward to the remaining 3 Quarters of 2021; we are hoping for widespread immunity from the curse of the Covid that has tried to slow us down and keep us holed up and solitary. With vaccinations on the rise and new cases on the decline, we can see light at the end of the tunnel. While the markets have rebounded very well since the sharp declines of a year ago, we still have work to do to get back to full employment, get our small business owners up and running again and to regain the momentum of the American economy.
Treasury Secretary, Janey Yellen, is forecasting full employment for US workers sometime in 2022, and the President of the Dallas Fed, Robert Kaplan, sees GDP growth of 6.5% for 2021 and very little risk of long-term inflation in the foreseeable future. While no one has a crystal ball and it is impossible to see what is coming down the pike, optimism streams abundant for the recovery of the US people and the economy.
That being said, our hearts are heavy with the losses so many have incurred and will continue to incur as we continue this battle. The loss of livelihood for so many is tragic; the loss of loved ones- even more so.
But hope endures, here in the US and around the world. People are looking for a silver lining and working towards it. We have seen amazing feats of resilience, innovation and perseverance from amazing scientists to heroic frontline workers. We have found ways and made ways to work, socialize and network safely and socially-distanced. We have adapted to wearing masks, not shaking hands and meeting on Zoom calls.
We have proven we are strong. We have shown our courage.
As we move into Summer and back into a mobile, interactive society- we will take with us the lessons learned in lockdown. Maybe we will be more aware of the importance of our healthcare and frontline workers and realize just how essential they are to our everyday lives. Maybe we will continue to look for ways to help those most impacted by the pandemic like our servers, our small business owners, our retail workers, our students, nurses and teachers, along with all the others who were caught up and affected by this unforeseen dilemma.
Here at Sound Harbor Wealth Partners, we are proud that we have been able to serve you during these trying times and thank you for adapting so brilliantly to the changes forced upon us. The coronavirus has stressed us and shown us that we are resilient. We are stronger because of the trials and we are excited about what the future holds.
Thank you for standing with us.