Certain dates on the calendar invite us to stop and see where we are. What has happened so far this year? The half-way mark is one of those dates.
2020 gave us two very clear trends. The first quarter the trend was down. In the second and third quarters we experienced a strong recovery. Then in the fourth quarter we started to see a rotation in leadership and the sectors which led the market out of the pandemic began to decline and financial stocks, industrials, basic materials and consumer cyclicals began to improve.
The first half of 2021 has been a choppy, sideways market. Year to date the market is up, but the gain has come with prices moving up and down almost daily.
Interested in finding out more? Click here to listen to the webinar.
Written by Connie C. Guelich, CFP, AEP, CLU, ChFC. This represents our views at the time of this writing, and it is subject to change. It is not intended to be personal investment advice. If you would like to discuss your own account, please don’t hesitate to call us.