At this point my brokerage and IRAs are mostly in cash though.
I have a feeling that an end of the recession by year-end is currently priced in the market. If bad economic news keep on coming, signaling that the recession may extend into next year, we could experience some downside from these levels.

During the same period the S&P 500 was up 1.78% before dividends, 3.16% after dividends.

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