2020 will likely be remembered as one of the craziest years in our lifetimes. A year ago, I never would have thought that going to the grocery store without a facemask could feel more dangerous than BASE jumping. For the record, I haven’t done either over the past ten months – but hope to head out in public without a mask at some point in the future!
Over the past twelve months, we’ve experienced the worst global pandemic in a century, the highest U.S. unemployment rate since the Great Depression, and the most contentious presidential election of my lifetime. While the value of the S&P 500 index dropped by more than one-third during February and March, the bear market was incredibly short-lived. By the second half of the year, the U.S. stock market was regularly hitting new record highs, and the S&P 500 generated full-year returns of more than 18%!Continue Reading