JEPI - April Looks Promising But What About The Rest Of 2021?

• Q1 2021 closed with the Dow leading the major market indexes, up 7.76%, vs. +5.77% for the S&P 500 and a tepid +2.78% for the Nasdaq Composite.
• Five regional Federal Reserve Banks reported super-strong readings for their five regional economic indexes. ISM manufacturing PMI index of factory activity came in at 64.7 in March, a 37-year high.
• Eurozone factory activity has picked up to reach its fastest growth rate in at least two decades, according to IHS Markit, whose PMI for Europe has risen to 62 in March, up from 57 in February.

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