The stock market bounced back from last month’s drop, rising 4.4% in the final month of the year, whichbrought the S&P 500’s full year gains to 26.9%. The MSCI All Country World index also rose, up 3.9% inDecember, increasing its full year gain to 16.8%. Bonds fell, with the Bloomberg BarCap U.S. Aggregate Bondindex dropping 0.25% during the month, which left it with full year losses of -1.5%.
Read MoreMichael Edmondson, an independent LPL Financial advisor at Edmondson Capital and Financial Planning in Jonesboro, today announced his inclusion in LPL’s Patriot’s Club. This elite award is presented to less than 5% of the firm’s more than 17,000 financial advisors nationwide*.
Read MoreRead up on the proposed tax increase from the Biden campaign.
Read MoreRead up on how re-election time and the economy can be closely related.
Read MoreSustainable investing is a force for positive change. While regional terminology may differ, sustainable investing is an approach that incorporates environmental, social, and governance (ESG) issues when building an investment portfolio, while encouraging companies to improve their ESG risk-management practices.
Read MoreThe battle with COVID-19 rages on, and the headlines continue to get worse. The number of new cases and deaths continues to grow. Individuals and companies are hurting, with even an iconic company like The Cheesecake Factory telling landlords they won't be able to make their rent payments for April.
Read MoreNews that the coronavirus—known as COVID-19—has spread to South Korea, Italy, Japan, and Iran, has led to massive selling around the globe, with many European markets closing down more than 4%. U.S. stock markets are selling off hard as well, with the S&P 500 Index down nearly 3% in early trading on Monday.
Read MoreRead up on Recession Watch 2020.
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