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Market Thoughts February 2021

Katherine Liola|Published on Feb 1, 2021|Market Videos

Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for January. Most developed markets were down slightly, including the Dow and S&P 500 in the U.S., as well as developed markets abroad. Despite the weak January numbers, markets remain near all-time highs. On the economic front, layoffs were high and retail spending dropped. But with federal stimulus payments, consumer confidence has begun to recover, boosting higher-frequency spending data. So, will the recovery remain resilient? Stay tuned to find out. Follow Brad at blog.commonwealth.com/independent-market-observer.

Follow Katherine Liola’s Financial Fitness Planning Tip of the week every Friday on Facebook, Twitter and LinkedIn.

Advisory services offered through Commonwealth Financial Network®, Registered Investment Advisor.

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