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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Monthly Investment Update: November 2020

Risk assets generally fell in October as hopes for additional stimulus before the election faded and investors saw a resurgence of COVID-19 cases in many parts of the world. The S&P 500 lost 2.7% during the month resulting in a 2.8% gain year-to-date . Tomorrow is the US Presidential Election, and hopefully we will have a clear outcome that evening or shortly thereafter.

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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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