Weekly Investment Update December 28, 2020

US stocks, as measured by the S&P 500 index, declined approximately 1% last week as hospitalizations and deaths in the US from the COVID-19 pandemic reached daily records (Chart 1). Despite these grim milestones, US equities continue to trade near all-time highs as investors anticipate an end to the pandemic in the coming months as vaccines are broadly distributed across the nation and the world.

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Weekly Investment Update December 14, 2020

US stocks, as measured by the S&P 500 index, declined approximately 1% last week as hospitalizations and deaths in the US from the COVID-19 pandemic reached daily records (Chart 1). Despite these grim milestones, US equities continue to trade near all-time highs as investors anticipate an end to the pandemic in the coming months as vaccines are broadly distributed across the nation and the world.

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Weekly Investment Update October 26, 2020

The US Presidential Election is now just over a week away, and investors have been closely tracking the polls for an indication of what to potentially expect from Washington for the next four years. The charts below highlight that Democratic candidate, Joe Biden, is still significantly favored over Donald Trump, though Trump’s odds have been increasing modestly since late September.

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Weekly Investment Update October 19, 2020

US equity markets, as measured by the S&P 500 index, were flat last week as investors monitored initial third quarter earnings results from companies and tracked the progress toward additional fiscal stimulus from Washington. During the weekend, House Speaker, Nancy Pelosi, gave the White House until Tuesday to reach a deal with Democrats, and she has been in active discussions with Treasury Secretary, Steven Mnuchin, to work through areas of disagreement.

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Weekly Investment Update October 12, 2020

US equity markets, as measured by the S&P 500 index, advanced nearly four percent last week as investors closely monitor the negotiations in Washington regarding additional fiscal stimulus to support individuals negatively impacted by the pandemic . The 2020 Presidential election is now only three weeks away, and Democratic candidate, Joe Biden, has opened up a sizable lead in many polls.

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