Planning Briefs
Defying Pandemic, S&P 500 Is Up 27.4% YTD
Published Tuesday, December 28, 2021 at: 8:45 PM EST
The stock market is surprising everyone with its pandemic-defying performance in 2021. With just two trading days left until the end of the year, the Standard & Poor’s 500 stock market index, with dividends reinvested, has returned a spectacular 27.4% in 2021! Who could have predicted it amid the pandemic? Not Wall Street’s best minds! On December 21, 2020, Barron’s published an article in which they asked 10 leading Wall Street strategists to predict the closing price of the S&P 500 on December 31, 2021. The S&P 500 closed 2020 at 3756 and the mean forecast of the 10 strategists was for the...
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