f1RST word on the market, june 2021

Historically, the second year of a new Bull market can be more challenging than the first. Expansion in valuation multiples usually drive market gains in the first year, while earnings growth drives the market higher in year two. As the market enters the second year of the post-lockdown Bull market, how will it react to this tricky transition?

Read more in Yellow Cardinal Advisory Group's market update and market commentary pieces.


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