Monthly Investment Update: April 2021

US stock market indices, such as the S&P 500, touched new all-time highs in March as economic, household, and business data all continued to imply that the recovery from the COVID-19 economic recession remains on track and stable. As of this writing, more than 167 million vaccine doses have been administered in the US, leading to the full vaccination of 62.4 million Americans (19% of the US population).

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Monthly Investment Update: November 2020

Risk assets generally fell in October as hopes for additional stimulus before the election faded and investors saw a resurgence of COVID-19 cases in many parts of the world. The S&P 500 lost 2.7% during the month resulting in a 2.8% gain year-to-date . Tomorrow is the US Presidential Election, and hopefully we will have a clear outcome that evening or shortly thereafter.

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Monthly Investment Update: August 2020

Risk assets rose sharply in July as investors digested US economic and corporate earnings data for the second quarter 2020 and tracked the progress of a potential new stimulus bill from Washington. The S&P 500 returned 5.6% during the month, led by the consumer discretionary sector, which is now significantly composed of e-commerce companies like Amazon, which returned 9.0% during the month.

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Monthly Investment Update: July 2020

The first half of 2020 has seen many unprecedented events, both in terms of the impact on society from the COVID-19 pandemic as well as the resulting extreme movements in risk assets. The year began on a relatively optimistic tone as US equity markets marched toward all-time highs in February, aided by tailwinds from stable economic conditions, an accommodative Federal Reserve, and substantive progress on the US-China trade dispute.

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