Nine reasons to expect a market pull back

At Tactical Fund Advisors (TFA), we continue to expect the COVID re-opening trade to carry forward throughout the better part of this year.

Just Friday, the Bureau of Economic Analysis reported that first- quarter Growth Domestic Product (GDP) grew at an annual rate +6.4%. In addition, manufacturing and service indices are the strongest they have been in nearly forty years, corporate earnings continue to surprise to the upside, and a multi-year national infrastructure plan is in the works.