By Alexander Green Imagine that Rip Van Winkle was an investor who fell asleep in January and just woke up.
He’d be ready for a big yawn. And he’d think stocks had given him good reasons for one.
After all, the Dow and S&P 500 are only showing modest single-digit gains for the year, putting them on course for their average annual return of about 10%.
But for investors who’ve been wide awake, 2020 has been anything but ho-hum.
The year got off to a good start with fresh all-time highs in January. But the pandemic and economic shutdown put a quick end to that.
From February to …read more