September 2020 started strongly for equities with the S&P 500 notching its 21st and 22nd year-to-date all-time closing highs. Direction then changed as equities proceeded to take it on the chin until the last few days of the month, shedding more than half of August’s advance. It’s possible this shift was catalyzed by factors related to COVID-19 or growing U.S. election uncertainty, or perhaps just plain levity, since the SPX had climbed 60% during the previous 114 trading days.
Alternative asset manager offering investment solutions that find a balance between asset protection and capital enhancement.
Alternative asset manager offering investment solutions that find a balance between asset protection and capital enhancement.