On Thursday, the Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500 Index all closed at record highs, surpassing, 31,000, 13,000, and 3,800, respectively, according to data provided by MarketWatch. The indexes added to gains on Friday.
We make New Year’s resolutions, but few seem to follow through. Yet, a New Year gives us a new beginning. It’s time to look forward and set goals.
Never Bet Against America
2020 tested America like no other year. It was as if the perfect storm made landfall and washed across the continent. The Covid pandemic, the shutdown of the economy, a presidential election, fires and hurricanes, and civil disobedience.
Yet, as the economy was near the bottom, investment legend Warren Buffett reiterated, “Never bet against America.” We won’t forget this year, but optimism is embedded in our DNA.
Last week, Congress passed a $900 billion Covid-relief and a $1.4 trillion government-funding package that provides pandemic aid and funds federal agencies through September 2021.
It’s a bill that runs over 5,000 pages.