CLS’s quarterly publication for investors features insight from CLS executives, CFA® charterholders, and other corporate leaders about financial planning strategies, timely market news, the current economy & more.
What a month. What a year. While 2020 has been a year of incredible anxiety and fear in nearly all aspects of life, it has been good for the financial markets and disciplined long-term investors.
What a year it has been in the markets. Not only did we see the fastest bear market in history, but we followed it up with the best 100-trading-day return and quickest-ever recovery from a 30% drop in U.S. stock market history.
We often hear that these are unprecedented times. And while that is true for most of us individually, the current crisis is not entirely new in terms of world history.
It has been a tumultuous quarter. While the global markets started the year strong, they ended the first quarter down more than 20%.