Stocks Closed At A Record High; What's Expected For The Rest of 2021?

Published Friday, June 11, 2021 at: 8:59 PM EDT

The Standard & Poor’s 500 stock index closed at a record high 4247.44 today. Which begs the question: What do you expect from stocks for the rest of 2021? Here are three scenarios for how the rest of 2021 could look, as inflation uncertainty grows and a booming expansion is about to begin.  To understand the current financial economic situation, picture Americans sitting on a mountain of cash. As a matter of fact, the cash was financed by government stimulus payments and extra unemployment benefits in response to the pandemic. The unprecedented cash spike looks like this: the latest figures on M2,...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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