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Meanwhile, potential surprises abound. Any of the five I
list below could hit stocks hard in 2021.
You donât have to go back to 2000 to find precedent for investors being dinged by surprises that tank stocks. Coming into 2020, most of us felt pretty sure we would have another year of nice gains in the stock market. The economy was doing OK, and there didnât seem to be any major risks on the horizon.
Then, boom! Covid-19 struck. The S&P 500 SPX,
+1.18% fell 35%. We saw the worst economic downturn since the Great Depression, widespread social unrest and a disputed presidential election â all of which weighed on stocks.