Recent months have seen a dramatic shift in the events and developments impacting markets. Transamerica Chief Investment Officer Tom Wald reviews them in the context of what long term investors need to know.

Transamerica Asset Management, Inc., CIO Tom Wald discusses market risks and opportunities awaiting investors as 2022 begins. Tom will cover an array of topics, including U.S. and international stocks, the economy, interest rates, Fed policy, credit markets, and international strategies. He will dive deep into the impacts of COVID-19 trends and its variants, as well as inflation. He'll explore the prospects for economic growth in the year ahead, plus the possible ramifications of a break in strong pent-up consumer demand.

Transamerica Asset Management Chief Investment Officer Tom Wald, CFA® discusses a changing market landscape and reviews the predominant opportunities and risks for investors as we approach the second half of 2021. In doing so Tom will cover the implications of recently rising interest rates, renewed inflationary concerns and new rounds of fiscal stimulus all amidst a backdrop of stronger than expected economic growth.

The year of 2020 was like no other in our lifetimes as a once in a century pandemic shut down the world as we all knew it and the global economy experienced its worst shock since the Great Depression of the 1930s. The stock and bond markets sent investors on a roller-coaster ride. The S&P 500 experienced its fastest 35% decline ever during February and March, only to skyrocket back to all-time highs. Investment--grade and high-yield bonds had a similar experience as credit spreads shot up and back down and Treasury bond yields plummeted to record lows. We also had a presidential election. As this historic year is put into the history books, investors are left to ponder – what should we expect in 2021?