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From a $1.9 trillion stimulus package and ramped up vaccine distribution, to stock price manipulation, the first quarter ushered in an eventful start to 2021.
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While COVID-19 continues to take a toll on the global economy, U.S. unemployment rates drop, showing signs of slow recovery.
Value stocks may have strong appeal during the economic recovery since they performed well during the last two recessions.
A coordinated effort among retail investors created extreme volatility causing stocks in each of the benchmark indexes to lose value.
After the pandemic relief package was signed at the end of December, stocks jumped to a new record high and investors saw it as a boost to economic recovery.
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The credit union has contracted with CFS to make non-deposit investment products and services available to credit union members.