Running Point and its chief investment officer were quoted by Reuters regarding investment market movements and expectations.
“Part of the risk-on move that began on Monday with FDA approval of vaccines has continued,” said Michael Ashley Schulman, chief investment officer at Running Point Capital.
“Some investors feel we’re reaching the peak of the COVID wave, thus reopening and economic growth will continue.”
Disclosure: The opinions expressed are those of Running Point Capital Advisors, LLC (Running Point) and are subject to change without notice. This is not an offer to buy or sell or a security or a recommendation to buy or sell a security. Forward looking statements cannot be guaranteed. Running Point is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Running Point’s investment advisory services and fees can be found in its Form ADV Part 2, which is available upon request. RP-21-27