It was a roller coaster year for the Dow Jones Industrial Average in 2020. The Dow dropped around 8,000 points late February, early March last year early on in the pandemic but has since recovered. The Dow started 2020 at 28,583.68 and ended the year at 30,606.48. WRCR’s Market Analyst Ken Mahoney of Mahoney Asset Management in Chestnut Ridge expects the market to be a good place to invest in 2021…
Mahoney says consumers want to get out and spend again in 2021 as the COVID vaccines are distributed and people start to get back to normal life again.