Fall 2020 Quarterly Commentary

The third quarter has ended following a roller-coaster ride of volatility for investors. Be that as it may, the S&P 500 returned an impressive 8.47% during this period. August saw the best month dating back to the mid-1980’s, and while the markets tumbled in September down 3.92%, it finished off the month with a rally of almost 4% during the last five trading days of the quarter.