By Matt Benjamin In our lastest Market Strategy Update, Senior Markets Expert and Financial Host Matt Benjamin answers a familiar question to many. Can this bull market continue through 2021?
Last Friday marked the one-year anniversary of the beginning of the massive COVID-19 market crash. In just about a month, the S&P 500 dropped by one-third – about 33.2% – from the high it hit last February 19. It bottomed on March 23 before beginning a rebound that was almost as steep as the decline.
By early August, the market surpassed its former high and went on to set new highs. As I write this, …read more