Talbot Financial – 3Q 2021 Review

The Index returned 0.6% for the third quarter, representing the fifth consecutive quarter of positive performance since last spring’s pandemic lows. The quarter started off strong as supportive Federal Reserve policy, slowing Covid cases, and strong quarterly earnings reports drove the index up nearly 6% through July and August. Much of this gain was given back in September as government funding and shutdown concerns dominated the news headlines.

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