REUTERS: Equities higher, dollar falls, US House bill, Fed speech

August 25, 2021

What is happening in the global investment markets? Running Point and its chief investment officer, Michael Ashley Schulman, CFA, were quoted by Reuters in a Global Markets article—by Chibuike Oguh, “Wall Street hits records on economic optimism; dollar falls”—regarding investment market movements and expectations.

Below are the excerpted quotes:

“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.”

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