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8 July
July 8 2020 Market Update
Markets are Rising: What About the Economy?
Markets had a surprisingly strong quarter; in fact, it was the best quarter in decades. The S&P 500 rose almost 20 percent, the strongest quarter since 1998. The Dow Jones Industrial Average had its best quarter since 1987, delivering growth of 17.8 percent.[1]
10 June
June 10 2020 Market Update
Turmoil on Main Street and Buoyancy on Wall Street
A Note from Our Founder:
We normally cover market and economic news in this monthly report, and you’ll find our report for May below. But as of this writing, Los Angeles and cities around the world are engulfed in protests. Our hearts are heavy with grief for those who have suffered from the recent turmoil.
12 May
May 12 2020 Market Update
An April Uptick: But What Comes Next?
Markets rose in April, delivering the best month for stocks in three decades. The S&P 500 posted a nearly 13 percent gain for the month, despite a drop on April 30.
That drop was driven by a growing body of information detailing the extent of economic damage caused by the pandemic. In this newsletter, we’ll cover some of the key areas of the economy that have been impacted and provide some context for what investors can expect moving forward.