Q4 and 2020 Market Review
In Q4 the stock market continued its strong recovery and the positive momentum carried stocks into record territory. US stocks were up 14.68%, international stocks up 15.85% and emerging markets up 19.7%. Bonds gains also continued with the US bond market up 0.67% and global bonds up 0.94%. Though international stocks and global bonds outperformed domestic markets in the quarter, they significantly lagged the US market as you’ll see in the yearly summary below.
2020 was a roller coaster for the stock market (and just about everything else) with a drop of over 30% in 30 days in February-March due to Covid-19. However, by August the US market had recovered to previous levels and the positive momentum carried through the remainder of the year. Overall, the US stock market was up 20.89%, international markets were up 7.59% and emerging markets were up 18.31%. The US bond market also had a very strong year up 7.51% with global bonds up 3.94%.
For a detailed market overview covering Q4 and all of 2020, click here.
Advisory services offered through Arbor Point Advisors. Securities offered through Securities America Inc., Member FINRA/SIPC. Arbor Point and Securities America are separate companies. CA Insurance #0E88557