Fourth Quarter 2020
There are many years that history could easily forget, but 2020 certainly will not be among them. In the investment markets, the year 2020 ended much like it began, with equities in a bull market making fresh all-time highs. This fact might seem somewhat unsurprising if it was not for the historic events that occurred in the first quarter, namely the worst global pandemic in a century and the almost shockingly brief bear market that accompanied it. The S&P 500 has surged roughly 65% since its March low and finished the year up over 16%. (Source: Forbes.com 1/2020)
