The Time for Convertibles is (Still) Now
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Home > News & Insight > Q4 2021 Investor Commentary

Market Commentaries

Q4 2021 Investor Commentary

Friday, January 07, 2022

What a year! The bellwether Standard & Poor’s 500® index of domestic stocks rose by 27% during the last twelve months, one of its best showings in the last twenty years. If key events from the “real world” of 2021 had been known to us last January, we would not have predicted such a rosy outcome; a pileup of disruptions might have been expected to produce a market headwind.

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