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Quarterly Market Review: Q3 2020

The elevated value of the stock market has become disconnected from a weakened economy for a variety of reasons. The confluence of these factors has brought stock market prices back to near-record highs, or allowed them to begin recovering quickly - even while the economy is slowly recovering from the impact of the COVID-19 pandemic. Provided that governments maintain their support for the market and economy, and consumers remain committed to investing, we expect growth in the stock market to continue.