MARKET UPDATE | FOURTH QUARTER 2020
Looking back at the past decade and further, we saw benefits to investing in international markets and expect this to continue in the future. In the U.S. we continued to deal with the pandemic, but economic data and market returns were improved. International markets were mixed, but Emerging Markets helped lead the world market recovery in 2020 and several countries have seen life return to normal. Fixed income continued to demonstrate diversification benefits with strong returns in 2020 and can serve as a safe haven in the midst of turmoil.
