January 2021 Market Commentary - a podcast by Jack Brown, CFA

from 2021-01-17T14:01:19

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Despite a wrenching year of political, pandemic, and economic upheaval the stock market (S&P 500) returned +18.4% in 2020. This is nearly double its long-term 15-year average of +9.6%. Indexes like the S&P 500 are size-weighted meaning much of the performance is driven by the largest names. This year the ten largest names returned 34%...