Recent Volatility In The Market

With the election passed, and retail investors buying into highly shorted stocks, should we be concerned about ongoing market volatility? With the Covid-19 pandemic continuing, we may see some additional market volatility, but we do not believe this is a sign of an overall unhealthy market.

As the coronavirus vaccine is being distributed nationwide, business restrictions should be lifted resulting in workers getting back to work.  As a result, we should see continued economic momentum throughout 2021. However, we cannot rule out a correction as valuations appear to be high.

We are not recommending any significant changes currently with your portfolios, but as always, if you have any questions, please do not hesitate to call our office.