In today\u2019s Steady\nInvestor, we dive into current news and key indicators in the market that we\nbelieve investors should consider, such as:<\/p>\n\n\n\n
Businesses are Flush with Cash and Credit \u2013 <\/strong>At J.P. Morgan and Bank of America, there is nearly $1 trillion in unused corporate credit, which is up 20% over the last year and marks a record for both banks. The trend of corporate clients asking banks to increase credit lines has been taking place over the last few months, even as many of the biggest corporations are flush with cash. Bank executives say that corporations are gearing up for a time when supply chain issues and labor shortages clear, so they can tap credit lines to fuel the next phase of growth. J.P. Morgan conducted surveys to find out what is driving corporate interest in credit and found that business confidence is at its highest level in 11 years with a full 46% of businesses saying they intend to ramp up capital spending later this year. 38% of businesses also said they would need to increase their credit lines with time, signaling that rising business spending could drive the next leg of the economic expansion.1<\/sup><\/p>\n\n\n\n _______________________________________________________________________<\/p>\n\n\n\n Download Our Dean\u2019s List of Investment Strategies!<\/a><\/strong> Our Dean\u2019s List describes four of our investment strategies that are ranked in the top of their respective classes according to Morningstar<\/strong>\u00a0(as of 6\/30\/21).2<\/sup> _______________________________________________________________________<\/p>\n\n\n\n As the Delta Variant\nSurges, Corporations and Municipalities Test Mandates \u2013 <\/strong>The pandemic continues in the U.S., with the\nDelta variant in a sustained uptrend and hospitalizations on the rise. But the\neconomic fallout may be contained, as corporations and municipalities have\nadjusted to dealing with previous waves and as many are testing using mandates\nversus outright lockdowns or restrictions. There are several examples playing\nout across the U.S. economy. General Motors, Ford Motor, and Stellantis (the maker\nof Jeep and Dodge) have reinstated mask mandates for all factory and office\nworkers, regardless of vaccination status. Stanley Black & Decker has done\nthe same. Tyson Foods has gone even further, saying it would require\nvaccinations for its entire U.S. workforce. Then there are states and\nmunicipalities staying open while reinstating masking indoors (Louisiana, LA\ncounty), and the case of New York City which will require people to show proof\nof vaccination for indoor activities like dining, gyms, and events with large\ngroups.3<\/sup><\/p>\n\n\n\n The SEC Plans to\nRegulate Cryptocurrency \u2013 <\/strong>The\nSecurities and Exchange Commission released some strong language this week\naimed at the cryptocurrency markets. SEC Chairman Gary Gensler referred to the\ncrypto markets as full of \u201cfraud, scams, and abuse,\u201d and he pledged to use all\nof the SEC\u2019s authority to regulate markets as much as possible. Mr. Gensler\u2019s\nstatements are a clear signal that the SEC is poised to increase scrutiny of\ncrypto trading and the platforms that facilitate it. Also announced this week\nis the idea that using cryptocurrency for purchases could constitute a sale\nthat is subject to capital gains, which could muddy its future as a medium of\nexchange.4<\/sup><\/p>\n\n\n\n Could the Fed\nChairman Get Replaced? <\/strong>Jerome\nPowell has been the head of the Federal Reserve for four years, but his term\nexpires in February 2021. The question that lies before President Biden is\nwhether he will extend Powell\u2019s term or nominate a Fed chair of his own. There\nhave been few criticisms of Powell\u2019s handling of the economic crisis, and he\nhas largely been a skilled communicator and policy setter at the Fed. But some\nprogressives argue he has been too lax on bank regulation, and some are\nposturing to replace him with a Fed governor who may take a tougher stance on Wall Street. One name that has surfaced recently\nis Lael Brainard, who has dissented on many of Mr. Powell\u2019s decisions to ease\nbank rules.5<\/sup><\/p>\n\n\n\n The Delta Variant is\nsurging\u2014what does this mean for the market? To protect your investments from\nthe unknown, we recommend finding the right investment strategy that can make a\nhuge difference when managing market volatility. To help you learn more about\nstrategies that cater to different investment objectives, we have created our\nDean\u2019s List of Investment Strategies.6<\/sup><\/p>\n\n\n\n Our Dean\u2019s List\ndescribes four of our investment strategies that are ranked in the top of their\nrespective classes, according to Morningstar (as of 6\/30\/21).6<\/sup> If\nyou have $500,000 or more to invest and want to learn more about these\nstrategies, click on the link below to see how they could potentially benefit\nyou.<\/p>\n","protected":false},"excerpt":{"rendered":" Unused corporate credit up 20%, businesses and municipalities test mask, vaccine mandates, SEC to scrutinize crypto trading<\/p>\n","protected":false},"author":3,"featured_media":7426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71,73],"tags":[],"class_list":["post-9765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-client-group","category-steady-investors-week"],"acf":[],"_links":{"self":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/9765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/comments?post=9765"}],"version-history":[{"count":1,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/9765\/revisions"}],"predecessor-version":[{"id":10340,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/9765\/revisions\/10340"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/media?parent=9765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/categories?post=9765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/tags?post=9765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
<\/a> \u00a0
The right investment strategy can make a huge difference in preparing your long-term investments for success and helping you navigate through challenging times.
\u00a0
To help you learn more about strategies that cater to different investment objectives, we have created our Dean\u2019s List of Investment Strategies.\u00a0<\/p>\n\n\n\n
\u00a0
If you have $500,000 or more to invest and want to learn about five of our top strategies, click on the link below.
\u00a0
<\/a>Learn More About Our Top-Ranked Strategies<\/a>2<\/a><\/sup><\/strong><\/p>\n\n\n\n