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Of Bears and Bulls and the Year Ahead

December 15, 2020

“A global pandemic, a massive economic collapse, a bear market (typically a 20% or greater decline in securities prices from recent highs amid widespread pessimism and negative investor sentiment – Investopedia), a surprisingly sharp reversal, a hotly contested election where passions ran high, the impact of lockdowns – it was an unusual year of extraordinary challenges.” – LPL Research

It took only 16 days for a bear market to occur in 2020, the shortest on record by far. Predictably, surging Covid cases and a continued round of preventive policies exist among an abundance of vaccines as reported by Pfizer. Distribution, along with stimulus will be key as we now look ahead hopefully to 2021. Please view the LPL Research Outlook 2021 Executive Summary for more on what may lie ahead by clicking HERE!  

The full report is available on our website by clicking HERE.

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We wish you all a safe and happy Holiday Season!