{"id":6544,"date":"2021-01-10T14:21:32","date_gmt":"2021-01-10T20:21:32","guid":{"rendered":"https:\/\/schenkelberg.investments\/?p=6544"},"modified":"2021-01-10T14:21:47","modified_gmt":"2021-01-10T20:21:47","slug":"market-thoughts-for-2020-and-2021-and-the-opportunity-to-help-others","status":"publish","type":"post","link":"https:\/\/schenkelberg.investments\/?p=6544","title":{"rendered":"Market Thoughts for 2020 and 2021 and the Opportunity to Help Others"},"content":{"rendered":"\n<p>Goodbye 2020! New Year\u2019s Day ushered in a whole new year and outlook. But, we already know that not much has changed so far in 2021. COVID-19 deaths continue to set records, many businesses stay closed and U.S. political turmoil is at its highest in decades. Humanity has been front and center the past year.<\/p>\n\n\n\n<p>Despite all of this turmoil, the market continues to march higher. All of us have had some occasion in the past year to reflect on where we are, what we want and how we can organize our finances or home. For those invested in the stock market or&nbsp; who own their home, personal wealth has increased nicely. The market is looking forward to opportunities for greater government help to those in need and the opportunity for economic growth regardless of all the unnerving headlines.<\/p>\n\n\n\n<p>For better or worse, 2020 was a year of those who have and those who have not. Have you heard of the \u201cK\u201d recovery? I had not heard of such a thing until 2020. The \u201cK\u201d recovery recognizes that there are many who are seeing prosperous growth and coming out of the COVID-19 situation with the opportunity to spend and generate economic growth. This growth represents the upward leg of the \u201cK.\u201d The downward leg of the \u201cK,\u201d however, represent areas of the economy that are suffering and not coming out of the recent economic environment positively.&nbsp; This dichotomy of haves and have nots can be seen in many areas, for example<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Sector Performance<\/strong>. The Technology Sector ETF (ticker XLK) rose 43.6% in 2020, while the Energy Sector ETF (ticker XLE) fell 32.7%.<\/li><li><strong>Industry Growth<\/strong> (See Chart Below). Technology, Retail and Software Services companies saw tremendous growth while Travel, Entertainment, Hospitality and Food Services suffered.<\/li><li><strong>Individual Jobs<\/strong>. For workers in Technology, Retail and software saw great opportunity for professional growth while individuals who work in the suffering industries of Travel, Entertainment, Hospitality and Food Services suffered job losses.<\/li><li><strong>Health<\/strong>. Many families have endured tremendous loss of life this year, while others have been relatively untouched by disease.<\/li><\/ul>\n\n\n\n<p>The suffering and discontent of humanity can be seen through the large numbers who want to protest and create upheaval. I believe those who have been on the \u201chave\u201d side of 2020 have a wonderful opportunity to step up and help others. There has never been a time when this has been more necessary. Food banks and shelters have a great need for help at this time.&nbsp; For anyone who has the means or time to give to these areas, now is the time. Even those who have lost their jobs may use their time to help others. In doing so they may even find they are helping themselves.<\/p>\n\n\n\n<p>Whether you are Christian or not, this passage from Luke 12:48 has meaning in this environment:<\/p>\n\n\n\n<p><em>\u201c. . . From everyone who has been given much, much will be demanded; and from the one who has been entrusted with much, much more will be asked.\u201d<\/em><\/p>\n\n\n\n<p>One may view this as na\u00efve, but I truly believe that the more you give, the more you receive.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"548\" data-attachment-id=\"6545\" data-permalink=\"https:\/\/schenkelberg.investments\/?attachment_id=6545\" data-orig-file=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/K-Shaped-Recovery-010821.jpg?fit=960%2C548&amp;ssl=1\" data-orig-size=\"960,548\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"K-Shaped-Recovery-010821\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/K-Shaped-Recovery-010821.jpg?fit=300%2C171&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/K-Shaped-Recovery-010821.jpg?fit=960%2C548&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/K-Shaped-Recovery-010821.jpg?resize=960%2C548&#038;ssl=1\" alt=\"\" class=\"wp-image-6545\" srcset=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/K-Shaped-Recovery-010821.jpg?w=960&amp;ssl=1 960w, https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/K-Shaped-Recovery-010821.jpg?resize=300%2C171&amp;ssl=1 300w, https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/K-Shaped-Recovery-010821.jpg?resize=768%2C438&amp;ssl=1 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/figure>\n\n\n\n<p>Source: U.S. Chamber of Commerce\/Forbes<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"320\" height=\"195\" data-attachment-id=\"6546\" data-permalink=\"https:\/\/schenkelberg.investments\/?attachment_id=6546\" data-orig-file=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/Performance-Grid.png?fit=320%2C195&amp;ssl=1\" data-orig-size=\"320,195\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Performance-Grid\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/Performance-Grid.png?fit=300%2C183&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/Performance-Grid.png?fit=320%2C195&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/Performance-Grid.png?resize=320%2C195&#038;ssl=1\" alt=\"\" class=\"wp-image-6546\" srcset=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/Performance-Grid.png?w=320&amp;ssl=1 320w, https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/01\/Performance-Grid.png?resize=300%2C183&amp;ssl=1 300w\" sizes=\"(max-width: 320px) 100vw, 320px\" \/><\/figure>\n\n\n\n<p><em>Performance Source: Koyfin<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goodbye 2020! New Year\u2019s Day ushered in a whole new year and outlook. But, we already know that not much has changed so far in 2021. COVID-19 deaths continue to set records, many businesses stay closed and U.S. political turmoil is at its highest in decades. Humanity has been front and center the past year. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[122,119,123],"tags":[],"class_list":["post-6544","post","type-post","status-publish","format-standard","hentry","category-financial-planning","category-market-commentary","category-market-performance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7kXxe-1Hy","jetpack-related-posts":[{"id":6737,"url":"https:\/\/schenkelberg.investments\/?p=6737","url_meta":{"origin":6544,"position":0},"title":"U.S. Versus International","author":"J.J. Schenkelberg, CFA","date":"January 5, 2024","format":false,"excerpt":"The S&P 500, an index of large U.S. companies, posted a total return of 11.6% for the Fourth Quarter of 2023. Large U.S. stocks outperformed international for the quarter as measured by the iShares MSCI ACWI ex-US Index, a representation of international stocks outside the U.S. The International ETF return\u2026","rel":"","context":"In &quot;Market Commentary&quot;","block_context":{"text":"Market Commentary","link":"https:\/\/schenkelberg.investments\/?cat=119"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6146,"url":"https:\/\/schenkelberg.investments\/?p=6146","url_meta":{"origin":6544,"position":1},"title":"2Q 2017 Market Performance Breakdown","author":"J.J. Schenkelberg, CFA","date":"July 8, 2017","format":false,"excerpt":"U.S. Versus International The S&P 500, an index of large U.S. companies, posted a total return of 3.1% for the 13 weeks ending June 30, 2017. U.S. stocks lagged behind International for the quarter as measured by the All Country World Index ex-U.S. stocks, a representation of international stocks outside\u2026","rel":"","context":"In &quot;Market Commentary&quot;","block_context":{"text":"Market Commentary","link":"https:\/\/schenkelberg.investments\/?cat=119"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6157,"url":"https:\/\/schenkelberg.investments\/?p=6157","url_meta":{"origin":6544,"position":2},"title":"1Q 2017 Market Update \u2013 Celebrating Dow 20,000","author":"J.J. Schenkelberg, CFA","date":"April 8, 2017","format":false,"excerpt":"The Dow Jones Industrial Average (DJIA) marched into record high territory and then crossed the 20,000 mark in January for the first time in history. This momentous event was greeted with excitement the week it happened. However, the event and quarter felt more like a Saturday morning wedding shower where\u2026","rel":"","context":"In &quot;Market Commentary&quot;","block_context":{"text":"Market Commentary","link":"https:\/\/schenkelberg.investments\/?cat=119"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6551,"url":"https:\/\/schenkelberg.investments\/?p=6551","url_meta":{"origin":6544,"position":3},"title":"Market Highs &#8211; Now What?","author":"J.J. Schenkelberg, CFA","date":"April 12, 2021","format":false,"excerpt":"Major stock market indices are hitting all-time high prices. There are many reasons for this continued rise in prices; some of the primary ones include: Economic recovery following the COVID related slowdown in 2020.Low interest rates drive more money toward stocks, as bonds, CDs and other income-producing assets do not\u2026","rel":"","context":"In &quot;Financial Planning&quot;","block_context":{"text":"Financial Planning","link":"https:\/\/schenkelberg.investments\/?cat=122"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2021\/04\/Index-Performance-041221.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":6186,"url":"https:\/\/schenkelberg.investments\/?p=6186","url_meta":{"origin":6544,"position":4},"title":"Key Market Thoughts Given Recent Market Decline","author":"J.J. Schenkelberg, CFA","date":"February 6, 2018","format":false,"excerpt":"Key Market Thoughts Given Recent Market Decline - This is a normal correction within equity markets. We just haven't seen one for a while. \u2022 The S&P 500 remains above November values (less than 3 months ago) - your portfolio value likely remains well above where it was one year\u2026","rel":"","context":"In &quot;Financial Planning&quot;","block_context":{"text":"Financial Planning","link":"https:\/\/schenkelberg.investments\/?cat=122"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6611,"url":"https:\/\/schenkelberg.investments\/?p=6611","url_meta":{"origin":6544,"position":5},"title":"Market Forces. Power of the Consumer in Charts","author":"J.J. Schenkelberg, CFA","date":"April 12, 2022","format":false,"excerpt":"Market Forces. Power of the Consumer in Charts Investors are watching the market a little more closely these days.\u00a0 For those of you who have been following this newsletter the past six years, you know that when I look at any investment I look at the quality of what we\u2026","rel":"","context":"In &quot;Market Commentary&quot;","block_context":{"text":"Market Commentary","link":"https:\/\/schenkelberg.investments\/?cat=119"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2022\/04\/image-4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2022\/04\/image-4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2022\/04\/image-4.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=\/wp\/v2\/posts\/6544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6544"}],"version-history":[{"count":1,"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=\/wp\/v2\/posts\/6544\/revisions"}],"predecessor-version":[{"id":6547,"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=\/wp\/v2\/posts\/6544\/revisions\/6547"}],"wp:attachment":[{"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}