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                In the last few weeks, we have seen new highs in U.S. Equity markets, growing evidence of the effectiveness of widespread COVID vaccinations, and many businesses and venues in the U.S. reopening. This 4th of July, the country was able to celebrate with parades, fireworks, barbecues, and beach days.

  As the first quarter draws to a close, the month of March has lived up to its reputation for Madness. The NCAA College Basketball Tournament is in full swing after the COVID hiatus; and brackets are crashing everywhere.

     When we wrote our Second Quarter Newsletter, the domestic equity market had already made up much of the ground lost from COVID-19 related selloffs. Major stimuluses were passed, hospital beds, equipment, and materials to test and treat severe cases were in good supply, and new treatment strategies were showing promise.

To Our Clients,

FOURTH QUARTER 2019 NEWSLETTER