Thomas Brunelle |
A big winner in 2021, was the S&P 500. Its return was the 7th highest in the past 50 years and five of the biggest stocks accounted for more than half of that return from April to year-end. An obvious loser was the broad index for US bonds (the Bloomberg Barclays US Aggregate Bond Index). It saw negative returns for only the fourth time since the index’s inception in 1976.