Quarterly Commentary: September 2021

When the sun does not shine, the wind does not blow, and the water does not flow.

The S&P 500 hit new all-time highs in the third quarter as second quarter earnings were much better than anticipated and the market continued to look past rising Covid-19 cases, especially in the Southeast, due to increasing vaccination rates. As such, the S&P500 peaked at the end of August.

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