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Fourth Quarter 2020 in Review

The adage that “the market climbs a wall of worry” was probably never truer than it was during this past year. After an initial sharp decline in March, the markets spent the rest of the year recovering from those losses and tacking on additional gains to boot. At the end of the year, the S&P 500 closed at a record high and the tech-laden NASDAQ finished the year up an astounding 44%.

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