Quarterly Insights - October 2020
Quarterly Insights - October 2020
November 2, 2020
Optimism Drives Stocks in 3rd Quarter
We hope this quarterly newsletter finds you and your family safe and healthy during these unprecedented times.
2020 continued to be one of the most unpredictable years in memory, as markets rose to new all-time highs in the third quarter despite a resurgence in coronavirus cases, as stocks rallied thanks to a combination of even more accommodative Fed policy, hopes for a COVID-19 vaccine and a stronger-than-expected economic rebound, before markets declined moderately from those highs in mid-September.
The third quarter began with a
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