The market is having a relatively non-eventful day as I type this on Monday, December 21st. Some may find that surprising given the relief bill Congress finally passed. That bill is detailed more in the attached Weekly Market Review. Relief packages passed earlier in the year brought with them stock market rallies. Like the virus fatigue many of us are feeling based on changes in our lifestyle, maybe the stock market is also fatigued with virus mania?
The Weekly Market Review details the fast track the COVID 19 vaccines received. Given the warp speed of the process, compared to the time it normally takes for vaccine approval, I understand some of the questions around is the vaccine safe or not. Thankfully, we live in a country where we have the freedom to choose to be vaccinated or not. My wife, a pediatrician, trusted the process and the FDA and received her vaccine over the weekend.
As always, we hope you find the Weekly Market Review both informative and interesting.
Have a good week and a very Merry Christmas!
Trevor N. Coe, CFP®