What would 2020 be if we didn’t have a record breaking month for the markets on top of everything else that has happened this year.
In our October update I mentioned that the four market drivers going forward will be Stimulus, unemployment, growth and covid. With at least two covid vaccines now ready and waiting for approval the markets made major moves upward in anticipation of a post pandemic environment.
Additionally there are signs that stimulus talks are picking up again in Washington. I’m not holding my breath on a deal yet, but if talks are successful this time it could help people and businesses bridge the gap between the time the vaccines are approved and when they are made available to the general public. I think this is what needs to happen before we can get back to meaningful positive growth and lower unemployment rates. It’s always nice to have a positive month but there is still a long way to go before the economy gets back on steady ground. Continue reading “November 2020 Financial Update”








