MacNicol’s Quarterly Commentary – January 2021
We got through this…
Subjectively, 2020 was a disastrous calamity none of us will ever forget and many of us are still grappling with today. Yet, from an investment standpoint 2020 was a lot less heart breaking than it might have been. This time last year, we really did not know that a virus that originated in China would claim thousand of lives and lead equities on a raucous ride for those who took their finances as loosely as they took their health and safety. Once COVID made its way to North America, a smooth, stable ride for stocks [like 2017] was out of the question. Somehow though, we got through this.
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