“Up and to the right” is a phase used in this business to describe a market or stock that rises consistently over time. For the past few months, it has been more of just an “up” market, and it has happened fast! Markets are doing what they always do, front running the actual economy, and generally following expectations and other leading indicators of future growth.

The markets have been on a strong run for the past decade. The recovery last year was remarkable and at times hard to reconcile given the economic fallout caused by the pandemic.

An incredible year in the market was wrapped up with an incredible quarter, which included the best single month EVER in both the Russell Small Cap Index and the Large Cap Value index.