We have now passed the one-year mark since COVID-19 caused an economic recession and a market depression happening simultaneously – and all just one month after the stock market hit a record high in February 2020. Twelve months ago, the news headlines were justifiably horrible.
However, dramatic and proactive efforts from the Federal Reserve and the U.S. government led to the fastest market recovery in history, lasting just 128 days. What stands out in retrospect is how important it was for investors to stay fully invested despite significant financial fears and concerns from the Coronavirus.
In this episode, Jay Pluimer revisits where we were just one year ago, and discusses the eye-popping returns investors are seeing today from a market that has bounced back.
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
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