2021 Year End Review

During 2021, the U.S. economy continued to improve after last year’s contraction, taking the stock market along for the ride.  Stocks benefited from the growing economy, low interest rates, and strong corporate earnings.  The bond market gave back some of their gains from 2020 as interest rates rose from levels near zero.  The stock market is ending the year at record highs, which is interesting given some serious issues that we are dealing with as an economy.  Rising inflation, the ongoing pandemic, a shortage of workers, and supply chain problems are among the issues that could derail economic growth in the new year.

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