Quarterly Market Commentary

As we close out 2020, we are witnessing a recovering market with expectations of a rebounding economy.

We saw a huge jump in demand this year as people renovated their homes, built home offices, and found ways to spend money that didn’t include entertainment and travel.

This past quarter we have seen bursts of economic growth and what feels like a new beginning.

“In the spring, I have counted 136 different kinds of weather inside of 24 hours.” – Mark Twain

“In times of change, learners inherit the earth, while the learned find themselves beautifully equipped to deal with a world that no longer exists”.

Unlike most recessions, we just experienced a “planned” recession, meaning that a structured reopening was always part of the plan.

I am optimistic about our country’s ability to weather a crisis like this and use it to grow.

We closed 2019 on a strong note as the markets logged new record highs.

Despite the media wanting to talk us into a recession, the U.S. economy actually looks fairly healthy, thanks to the consumer.