Click Here to View PDF Wait! What? Overview Following a 27% gain in 2021, the S&P 500 was 113% above its March 23, 2020, pandemic low and 41% above its pre-pandemic high (see Figure 1 below) at fourth quarter end. As we entered the fourth quarter, we were optimistic that COVID was “under control” and […]
Click Here to View PDF Endemic COVID + Higher Inflation = New Normal Overview At third quarter end, the S&P 500 was 93% above its March 23, 2020, pandemic low and 27% above its pre-pandemic high (see Figure 1). As we move through the fourth quarter, COVID is transitioning from pandemic to endemic, inflation is […]
Click Here To View PDF COVID Uncertainty and Accelerating Inflation Increase Market Volatility By Theresa Gusman July 21, 2021 Overview At second quarter end, the S&P 500 was 92% above its March 23, 2020, pandemic low and 27% above its pre-pandemic high (see Figure 1). With vaccination rates rising and economic activity accelerating, we entered […]
