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May 07 2020

Additional Factors

  • May 7, 2020

April was a month of plummeting payrolls, eviscerated earnings, and crashing commodities—some of the worst data since the 1930s. It was also the best month of performance for the S&P 500 since January 1987 and it helped lower the YTD loss to the single digits. The punishment, it would seem, doesn’t fit the crime.

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About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager