2020 Midyear Outlook

Commerce Trust Senior Investment Team
June 16, 2020

Our 2020 Midyear Outlook Report provides economic and financial market perspectives for individual and institutional clients.

The Commerce Trust senior investment team delivers an information-packed issue on the near-term prospects for the U.S. economy in a post-pandemic world.  The 12-page edition is entitled, “Climbing Out,” as the nation tries to navigate its way back to the firm footing it had before the sudden economic downturn. 

Chief Economist Scott Colbert, CFA, and Chief Investment Strategist Joe Williams, CFA, provide insights that will help your clients plan for the balance of the year.  While the recovery will take years and the markets will be volatile, they believe the pandemic-induced decline is largely over and, month by month, America and its global partners will successfully re-open for business.

You Can Also Listen To Our Podcasts From the Authors Here



scott colbert
Scott M. Colbert, CFA® Executive Vice President, Chief Economist and Director of Fixed Income Management Commerce Trust

Scott is the chief economist and director of fixed income management with Commerce Trust.

He joined Commerce in 1993 and has investment responsibilities for over $26 billion in fixed income assets. Scott directly manages the Commerce Short-Term Government and the flagship Commerce Bond strategies.

Scott received his Bachelor of Science degree in nuclear engineering from the University of Cincinnati in 1986 and received his Master of Business Administration from Xavier University in 1988. He has been both a director and president of the Chartered Financial Analyst Society of St. Louis.


joe williams
Joseph C. Williams, III, CFA® Senior Vice President, Director of Investment Strategies Commerce Trust
Joe is the director of investment strategies for Commerce Trust as well as a senior portfolio manager. Additionally, he serves on the Investment Policy Committee and the Equity Strategy Committee. Joe is the co-manager of the Commerce Growth and Mid-Cap Growth strategy. He has more than 37 years of experience in investment management with Commerce Trust. He received his bachelor of science degree from Drake University and is a member of both the Kansas City Society of Financial Analysts and the CFA Institute. He holds the Chartered Financial Analyst® designation.