Looking Back, Looking Forward – February 21, 2021
Bond yields spiked on strong economic data and rising inflation expectations. The S&P 500 fell in response, recording its first losing week in February.
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Bond yields spiked on strong economic data and rising inflation expectations. The S&P 500 fell in response, recording its first losing week in February.
U. S. stocks closed the week at a record high on the prospect of additional Congressional aid amidst strong corporate profits.
As concerns of a speculative bubble eased, U. S. stocks closed the week at a record high, on optimism over earnings, stimulus talks, and vaccine rollouts.
U. S. stocks ended the week above the flatline, holding on to gains scored after Biden became the 46th President. Mega-cap growth stocks rallied.
President-elect Biden provided details of the $1.9 trillion stimulus proposal. Yet, the S&P 500 ended the week lower after bank stocks sold off.
U. S. stocks ended the first week of 2021 at record highs after President-elect Biden promised more financial aid amid a resurgence in COVID-19 cases.
This post features the best ETFs, Select Sector SPDRs, Fidelity funds, and S&P 500 stocks of 2020, along with what to look forward to in 2021.
After setting new highs, the S&P 500 pulled back as Congress raced to avert a government shutdown and pass another pandemic relief package.
The S&P 500 declined last week after additional economic relief from Congress remained stuck in neutral while suffering from the pandemic worsened.
The approval of a COVID-19 vaccine and hopes of additional financial aid from Congress helped the S&P 500 close the week at an all-time high.

THE GOOD NEWS JUST BEGINS!