April 2021 – Quarterly Review of Capital Markets
The broad U.S. stock market had another strong quarter, returning 6.3 percent, as robust corporate earnings growth eclipsed concerns over rising interest rates. Its trailing 12-month return was 62.3 percent, marking the best 12-month return in more than 20 years. This surge retraces a period that began near the market bottom, following its epic collapse […]
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