Plus 5 New Strong Buys for Today Big Expectations For 2022
[Kevin Matras - EVP - Photo]
Profit from the Pros By Kevin Matras
Executive Vice President Big Expectations For 2022 [Big Expectations For 2022]Image: Bigstock Stocks closed lower on Friday in a slow-paced, back and forth day. The Dow finished up for the week. So did the S&P. Although, the Nasdaq just missed the cut. But they were all up for the month with the Dow up 5.38%, the S&P up 4.36%, and the Nasdaq up 0.69%. For the year, those returns came in at 18.7% for the Dow, 26.9% for the S&P, and 21.4% for the Nasdaq. There was no breaking economic news out on Friday. And there were no economic reports out either. All in all, it was a pretty uneventful finish to a very eventful year. Unfortunately, Covid finished 2021 in much the same way it started – with rising case counts. But fortunately, while Omicron has proven to be highly contagious, the mortality rate is a fraction of the other variants. So that's a positive. Inflation continues, but the Fed has taken some action to combat it, while leaving interest rates at historic lows. Supply chain disruptions persist, but there has been some improvement. And worker shortages persist as well, but that's also seen some improvement as the labor market continues to grow. In spite of the aforementioned challenges, the economy has grown impressively in 2021. It's always fun to close the books at the end of the year. And 2021 will truly be one for the record books. That's true for many reasons, but definitely for the market. And with a robust economic outlook for 2022, the market looks poised to set a bunch of new records again this year. So let's get started. Best, [Kevin Matras - Signature] Kevin Matras
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