CIO Update: calm before the storm?

This summer boasted strong index returns, driven by gains in the technology sector. However, pre-election jitters and the uncertainty of Covid-19 have created concerns for the end-of-year outlook. In this week’s CIO Update, Shannon Saccocia discusses the rationale behind the recent weakness, and what it means for the weeks ahead.

Shannon Saccocia, CFA, CIMA®

Shannon Saccocia serves as Chief Investment Officer at SVB Private, and is responsible for setting the overall investment strategy for the firm. She oversees the asset allocation, research, portfolio management, external manager search and selection, portfolio implementation, trading, and investment risk management functions.

The views expressed in the article are those of the author and/or person interviewed and do not necessarily reflect the views of SVB Private or other members of Silicon Valley Bank and SVB Financial Group. The materials on this website are for informational purposes only, are subject to change and do not take into account your particular investment objective, financial situation or need. Since each client’s situation is unique, you should consult your financial advisor and/or tax planning professional before acting on any information provided herein