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Market Update: 5-24-21

STOCK MARKET GAINS LIKELY TO SLOW

After one of the best starts to a bull market in history, the rally has started to show signs of fatigue. A strong economic recovery lies ahead as the roepening continues, bolstering a very strong earnings outlook that is helping stocks grow into elevated valuations.

 

HISTORY DOESN’T REPEAT BUT IT OFTEN RHYMES

After a nearly 90% rally off the March 2020 lows, it’s not much of a surprise that since mid-April the S&P 500 Index has been choppy and generally moved sideways...

Download the complete PDF with graphs here.

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Susan Jerris

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