The S&P 500 racked up another fine quarter with an 8.55% return which brought the gains for the first half of the year to 15.25%. It has been easy to fill in the blanks with ostensible reasons for the continued appreciation: Strong economic growth, easy financial conditions, receding threat of Covid-19, etc. Still, it is hard to imagine the abyss the market was staring into just sixteen months ago.
Areté blog | Market review Q221
Areté blog | Market review Q221
Areté blog | Market review Q221
The S&P 500 racked up another fine quarter with an 8.55% return which brought the gains for the first half of the year to 15.25%. It has been easy to fill in the blanks with ostensible reasons for the continued appreciation: Strong economic growth, easy financial conditions, receding threat of Covid-19, etc. Still, it is hard to imagine the abyss the market was staring into just sixteen months ago.