Q4 2020 – Annandale Capital Quarterly Commentary

2020 was a year of hardships for our country and the world. Over 400,000 Americans have died along with many multiples of that outside of the US. Daily lives have been upended, and severe economic damage has been imparted. At the trough, over 22 million Americans lost their jobs, 14.8% of the US labor force. To make matters worse, the job losses disproportionately impacted already low wage earners; think maids who clean hotels and offices or line cooks and waiters at your local restaurant. Download Q4 2020 Commentary

This material is not intended to be used as a general guide to investing, or as a source of any specific investment recommendations, and makes no implied or express recommendations. This is not an offer or solicitation with respect to the purchase or sale of any security.

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