Statues are falling, parts of cities are being taken over, and COVID-19 is reminding us that it is still around. So, are we headed for another large selloff? Not so fast.
The market has come back considerably from the COVID-19-induced fall, and it has many people scratching their heads. The real world doesn’t look so great: we have witnessed civil unrest, record unemployment claims, and a pandemic, and the S&P 500 somehow broke into positive territory for the year. Is it too far too fast?