Our Economic Reality…
Markets Take It on the Chin Not too many places to hide last week as stocks and bonds lost value. All US Stock Market Indexes fell over 5%, as did International Stocks. Our 10 Year US Treasury finished the week with the yield rising to .86%, the highest since June. Is the reason the upcoming […]
Wow, What Really Matters for Your $Money$?
Wow, What Really Matters for Your $Money$? Can we have a calm week? Certainly, doesn’t appear that way! We’ve quickly moved from President’s Trump Tax Return, the Supreme Court Pick, the Debate, and now Trump has the Coronavirus. The media is euphoric! With everything going on, there is no wonder why investors are concerned? My […]
Tuesday’s Boxing Match!
Tuesday September 29th @ 9:00PM, many of us will be glued to the television for our Presidential Boxing Match Debate. Will we find out anything new? Will it move the polls? One thing is for sure, the media will have more material to spin for a few weeks. Will it be an Ali v. Frazier, a […]
Markets Get More Juice!!
Over the weekend, the markets received another chunk of dough in the form of extended unemployment benefits, a payroll tax holiday, an eviction moratorium extension, and additional student loan payment deferment. In anticipation, the markets charged higher with the confidence that more juice was on the way. For the week, the Dow rose 3.88%, the […]
STIMULUS/JOBS/MARKETS
No deal yet? Should the dollar figure be $600, $200 or perhaps meet in the middle @ $400! I absolutely believe that anyone who has suffered a current Covid-19 related job-loss should continue to receive unemployment compensation until they are called back, or the economy truly opens and job openings are plentiful. The amount, in […]
HOT Weather & Hot News!
We certainly know we’re into the doldrums of summer. Temperatures are forecasting to pierce 100 degrees this week!! In a “normal year,” we would now be focusing on 2nd quarter corporate earnings, while looking for guidance for the remainder of the year. NOT THIS YEAR! Instead, we are waiting for the Hot New Stimulus that […]
Warm Weather Breeds Optimism! Plus the “HEROES Act”
I cannot wait until this entire issue in the rear-view mirror, however there is ONE item I’ll truly miss. For the last several weeks, driving to my office or anywhere I needed to go was wonderful from a traffic standpoint. Perhaps it’s me; however I think all of the “crazy” drivers stayed home! As the […]
Everything you need to know about the CARES Act!
This week’s blog explains how the CARES Act will impact the vast majority of our clients and blog subscribers. I have spent several hours over the weekend reviewing this information. The 2 Trillion Dollar CARES Act is equal to 10% of the United States GDP in a “normal year”. This is a ton of money […]
Economic Activity//Where’s the Bottom//Fight the Fed?
Economic Activity Forced to Slow Down So much has happened so darn quickly. Only a handful of weeks ago most people were discussing how much longer the expansion could run, and how much higher stock prices could climb. I certainly agree that stocks were moving up more than deserved. When I left my office last […]
