Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
The following has been compiled from information and comments provided by the investment professionals of Frost Investment Advisors:
Opening Day Jitters…
As more cities and states opened up this past week, corresponding flare-ups of new COVID-19 cases appeared. While not unexpected, this trend will be closely watched by the public until news of a vaccine or effective treatment is announced. This past weekend, the World Health Organization reported that June 20th marked the largest single-day increase in COVID-19 cases, with 183,000 cases over the 24-hour period, including 36,000 in the U.S. But gauging local government and the general public’s resolve, it is also unlikely that we will see any course reversal with the “opening for business” signs now popping up across formerly quarantined localities.
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