News & Insights

The following has been compiled from information and comments provided by the investment professionals of Frost Investment Advisors:

Through the Looking Glass, Once More…

News headlines are currently creating a global conundrum as investors are caught between escalating COVID-19 caseloads and a rapidly approaching suite of vaccines.  For a few countries, such as the U.K., vaccines have already been approved, and inoculations have begun.  As we begin to look beyond the current coronavirus crisis, questions and uncertainty have emerged about how this new normal takes shape.  Recall that earlier this year we were on the opposite side of the global pandemic with no vaccines on the horizon and no certainty about what the future would hold.  At that point, the pandemic had breached continents in a matter of weeks, economies were stopped in their tracks, livelihoods were lost, and the markets collapsed.  Foresight was obscured by the historic speed and magnitude of the economic shutdown, with few investors anticipating a market collapse that would last roughly one month and the S&P 500 bottoming out on March 23.