Quarterly Market Review Q4 2020
As 2021 begins, the U.S. economy continues to show signs of recovery and resilience. Employment has strongly rebounded with:

  • over 12 million jobs recovered since May;

  • a soaring housing market; 

  • the ISM Purchasing Managers Index has returned to pre-pandemic levels, reaching a two-year high in October;

  • many companies reporting better-than-expected quarterly results;

  • consumer confidence has trended higher but has a way to go before attaining levels seen early in 2020.

An additional stimulus package with a price tag of $900 billion was passed late in the year featuring much-needed aid to households, unemployed workers, and small businesses battered by the pandemic. Equity markets staged a stunning recovery from a dramatic plunge in the early part of 2020 with large-cap stocks posting a return with dividends of +18.4% for the year. Get the full report in our latest Quarterly Market Review.

- - Volume: 9 - WEEK: 3 Date: 1/13/2021 10:21:42 AM -