Paul Dietrich’s Market Commentary – B. Riley Wealth Management

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The Odds – Can Biden Raise Your Taxes?

First The Economy: Where Do We Stand Now?

In the first month of 2021, the S&P 500 Index is only down 1.11%, and for the past twelve months, it is now up 13.47%. The tech-heavy NASDAQ index is up 1.42% year-to-date, and it is currently up 40.92%for the past twelve months.

I have urged investors to stay fully invested in the stock market in all of my Market Commentaries throughout this past year. I still expect a fair amount of stock market volatility in this first quarter of 2021 because of the new mutant strains of Covid spreading rapidly throughout the country and the paralyzingly slow rollout of vaccines.

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2021-02-01 Talking Points-Biden-Taxes-rev

 

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