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Week of April 5, 2021 Thumbnail

Week of April 5, 2021

Greetings,

We hope this weekly update finds you well.  Last week was shortened with the markets closing for Good Friday.

  • March ended strong with the S&P 500 Index up 6.6% for the month.  
  • Rates Up Price Down: For investors with balanced accounts that hold bonds in addition to stocks, it may come as some surprise in quarterly reports that fixed income/bond holdings were actually negative for the quarter, offsetting some of the solid gains in stocks.
  • International equities were very strong for the week, with Europe markets shrugging off virus fears and new lockdowns.  It is expected that Europe will not get back to 2019 GDP levels until possibly 2023.  Here in the U.S. we are now seeing expectations of reaching 2019 GDP levels as early as late 2021 or early 2022.
  • This morning equity futures are on the rise after Friday's blowout jobs report; the volatility index remains under 20--a good sign for this bull market.

Our full recap of last weeks events is linked below for your review.  Please do not hesitate to contact us to set up a meeting to review your portfolio and financial plan.

 

John J Klobusicky, CFA, CAIA, Managing Partner

FMA Advisory Inc.

717-232-8850

jklobusicky@fma-advisory.com 

 

Market Insights - April 1, 2021 

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