Recently, the stock market has been on a tear. The S&P 500 index rose 5% in April with record-setting breadth. From March 23, 2020 through April 30, 2021, the S&P 500 has gained 90% on a total return basis. Since 1945, the S&P 500 has gained an average of approximately 2% from May through October. Currently, the defensive pockets of the S&P 500 are seeing relatively better inflows, including Consumer Staples, Utilities and REITs.

Source: Forbes April 30, 2021 23:48 UTC