Happy Thanksgiving!

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Happy Thanksgiving!

Happy Thanksgiving!

Stock investors have a lot to be thankful for. Despite the unprecedented challenge of COVID-19, the global stock market is having an incredible year.

  • The NASDAQ 100 (QQQ) is up 37% this year.
  • The S&P 500 (SPY) is up 12%.
  • Vanguard Global Stock Market (VT) is up 10%
  • Emerging Markets (EEM) are up 10%.

Looking forward I am expecting more gains as we move into the last month of the year..

  • The US election is over and stocks are relieved.
  • COVID is a problem – but stocks can grind through a few tough months this winter and then the light is at the end of the tunnel with vaccines rolling out and summer.
  • Congress will most likely pass more stimulus – this year or early next year.
  • Stocks entering historically best six months of year.
  • December usually a good month for stocks with “Santa Claus Rally.’

That’s it for now. I’ll be back next week with another update.

Have a great Thanksgiving!

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