All stock sectors as well as bonds rose in April. This year’s stock market has shifted to favor value stocks over growth stocks and this new trend is expected to continue for the next few years. Value stocks tend to be stocks paying out some earnings as dividends. Growth stocks plow earnings back into the company and stock price. You have both growth and value stocks in your portfolio’s diversified positions. Market perspectives suggest that inflation may go over 2% this quarter in a healthy move, strengthening along with the growing economy that may exceed 7% this year. Stock markets grew in April as vaccination proliferation stimulates a rebound. Major indices climbed over 2-4% last month and are up an average of 12% YTD.
The songbirds’ spring ritual of serenading the new day began again last month. The first light chorus begins with the irrepressible exuberance of the robin’s song. How it resonates with our liberated mood this spring! Thanks to widespread vaccinations the local world is cautiously opening up for real as we safely move into the comfort of no-longer-forbidden familiarity and summer plans.