Despite a pullback during the month of September, the third quarter of 2020 was very good for stocks.
      
            
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            The Affiance Financial Investment Committee discusses recent market activity and expectations for the economy and markets as the election approaches.
      
            
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            Could this have been the shortest bear market in the last 100 years?
      
            
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            It is hard to believe how much has happened this quarter...
      
            
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            “It’s the way the human brain works: when enough events occur in a pattern, we stop thinking and go into macro mode.” N. K. Jemisin
      
            
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            From October 1, 1999 to September 30, 2009, a period of ten years, the S&P 500 had an annualized return of –0.2% (this includes dividends reinvested).
      
            
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            Summertime is one of the big times of the year for blockbuster movies.
      
            
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            The road to success is dotted with many parking spaces. — Will Rogers
      
            
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            The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next. — Ursula K. Le Guin
      
            
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            October. This is one of the peculiarly dangerous months to speculate in stocks.
      
            
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            The year is half over and despite the stock market’s ups and downs, the total performance for the year is neither too good nor too bad.
      
            
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