By DAVID G. DIETZE, JD, CFA, CFP™ December 23, 2020 at 11:49 PM David Dietze, Point View's President and Chief Investment Strategist. David Dietze, Point View's President and Chief Investment Strategist. Credits: Point View Wealth Management Credits: Point View Wealth Management By DAVID G. DIETZE, JD, CFA, CFP™ December 23, 2020 at 11:49 PM 2020 ended up as a very good year for the markets despite the global tragedy of Covid 19 and the associated economic pain. As of Christmas week the S&P 500 was up 14.8%, significantly above its 9-10% average annual gain, including dividends, for the last 100 years. The disconnect, however, with the underlying economy and health couldn’t be starker. Globally, nearly 1.7 million have died from the coronavirus, stemming from nearly 77 million cases. Domestically, the jobless rate started the year at 3.5% and soared to 14.7% in April amid the lockdowns. It remains unacceptably high, at 6.7%.