2020 was a good year for stock investors despite unprecedented challenges.
After being down more than 30% at the March 2020 lows, the S&P 500 Index ended the year with a solid 18.4% total return. Last year marked the first time the index ended a year positive after being down at least 30% during that year. Gains were driven primarily by the emerging economic recovery taking hold, bolstered by massive stimulus, and the remarkably fast COVID-19 vaccine development that encouraged market participants to begin to price in the end of the pandemic.
This week Brian take's a look at some of the asset class and sector winners and losers in 2020.
Find the referenced chart here: https://bit.ly/3i3OUry
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Music:
Cold Funk - Funkorama by Kevin MacLeod is licensed under a Creative Commons Attribution license. Source. Tracking ID: 1-05089549
