Market Update

2020 has been a record year for the markets. We've seen the fastest decline in history, followed by the fastest recovery in history. Back in March, the S&P 500 dropped over 20% in 16 trading sessions sending it into bear market territory. Follow that up with 65 trading days later, and the market has gained back 41%, the strongest move off a bear market low in the history of the index. Back in March we touched on what may be expected for the remainder of the year, and in hindsight it looks very similar to what our research had indicated.

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