COVID-19 cases spiked to the highest levels observed during any point of the pandemic, however, deaths and length of hospitalizations remained below the peak of January 2021. Meanwhile, inflation has accelerated every month since September, with the December inflation number achieving the highest reading since 1981. Despite these issues, equity markets continued to climb as the S&P 500 achieved 70 new all-time highs in 2021. All that and more in this quarter’s edition of MarketWise!

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