This past year was one for the record books, both for the stock market and for the greater economy. The year began fairly well, with the S&P 500 hitting a record high on February 19. COVID concerns soon impacted the market and the S&P dropped 34%, bottoming out on March 23. State and Federal officials soon initiated the CARES Act and the Paycheck Protection Program, lending to economic recovery and the S&P’s fastest recovery in history. The end of the third quarter was still characterized by market uncertainty, but the fourth quarter brought more growth, with small-cap stocks particularly strong. Though there are still disruptions in the broader economic recovery, the distribution of several viable COVID vaccines is fueling optimism as we move into 2021.

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

Share This Post

Subscribe To Our Newsletter

Join Our Mailing List

Stay up to date on all things Flourish!

Flourish is Ten Years Old!

A decade ago, we embarked on a journey to empower and serve you with values-based financial planning. In 2024, we celebrate our 10th anniversary with immense gratitude for your trust and support. Here’s to many more years of flourishing financially, together!

Skip to content