Expectations for 2021

Thursday, 07 January 2021



Based on the record breaking year we experienced in 2020, and the mass distribution of COVID-19 vaccines expected for the coming months, we are cautiously optimistic for the economy and the stock market in 2021. Economic predictions include a moderate recovery in the first half of the year, with a bigger upswing in late 2021. This would lead to economic growth rates of approximately 3-5 % in the United States. The recent rally for U.S. and international markets reflects this stronger growth outlook, which dampens our expectations for market returns in 2021. Most economists are predicting positive single-digit returns for stocks this year to offset the big recovery we experienced in 2020.

Always check back next week for more Flourish Insights with Jay Pluimer and don't forget to check out our insights blog at https://www.flourishinsights.com

Please write a review of this podcast on Apple Podcasts or Alexa

Due to COVID-19, we have begun taking client meetings via Zoom. Please see our instructions below on how to use Zoom and what you can do to protect your privacy while using this technology.

Contact Us

  • 3300 Edinborough Way
    Suite 420
    Edina, MN 55435
  • FAX: 952.953.3310
Listen to the Flourish Financially Challenge on Your Favorite Streaming Service


Copyright © 2020 Flourish Wealth Management, Inc. All Rights Reserved. Powered by AdvisorFlex.