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As the quarter began, the nation was returning to normalcy with the pandemic showing signs of retreat. Within weeks, we saw an upsurge of the Delta variant.

Despite two consecutive monthly inflation numbers, the S&P 500 continued its upward climb this quarter. Some question how long this strength can continue in the face of supply chain bottlenecks, rising costs and higher inflation overall.

Bitcoin, the original cryptocurrency invented in 2008, has been one of the market’s best performing assets with a gain of over 300% during 2020 and almost 100% so far during 2021. Bitcoin is also a technology, and it could be an inflation...