Market Commentary — January 11, 2021

2020 was an unprecedented year, both personally and professionally. Here is the link to our EQM Capital Market Recap and Predictions for the coming year entitled:

The ‘Year of Living Dangerously’ and Our Predictions for 2021

Despite one of the most tumultuous weeks in our nation’s political history with the assault on the U.S. Capitol, markets continued their march to record highs. With the Democrats winning two Senate seats in the Georgia runoff election and effectively achieving unified control of the government, it increases the likelihood of more fiscal stimulus. This appeared to be the major factor driving gains.

Small caps outperformed large caps by a wide margin and value stocks outpaced growth names. Energy stocks rallied on the news that Saudi Arabia was cutting production.

Rumors that Tencent and China might be added to the list of Chinese companies delisted by the NYSE, as the Trump administration moves to ban Chinese payment apps, also spooked markets last week.

Hoping for a calm week ahead.

Jane Edmondson
CEO and Co-Founder

About

EQM Indexes LLC is a woman-owned firm dedicated to creating and supporting innovative indexes that track growth industries and emerging investment themes. Co-founded by Jane Edmondson, a former Institutional Portfolio Manager with more than 25 years in the investment industry.

Disclosure

The information provided on this page is for illustrative purposes only and is not intended to serve as investment advice. The information provided is as of particular time and subject to change at any time without notice.

It is not possible to invest directly in an index. Exposure to an asset class represented by an index is available through investable instruments based on that index. EQM Indexes does not sponsor, endorse, sell, promote or manage any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. EQM Indexes Indices makes no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. EQM Indexes is not an investment advisor, and makes no representation regarding the advisability of investing in any such investment fund or other investment vehicle. A decision to invest in any such investment fund or other investment vehicle should not be made in reliance on any of the statements set forth in this article. Prospective investors are advised to make an investment in any such fund or other vehicle only after carefully considering the risks associated with investing in such funds, as detailed in an offering memorandum or similar document that is prepared by or on behalf of the issuer of the investment fund or other vehicle. Inclusion of a security within an index is not a recommendation by EQM Indexes to buy, sell, or hold such security, nor is it considered to be investment advice.