Financial Health
April 7, 2021

Market perspectives from Wells Fargo Investment Institute

April 7, 2021: “About 95% of the stocks are trading above their 200-day moving averages. And that’s the best we’ve seen since the Great Recession.” Tracie McMillion, head of Global Asset Allocation Strategy for Wells Fargo Investment Institute, discusses the latest economic data, including recent all-time highs in some markets, the impact of good news in the labor market, and expectations around inflation in this market update.