The Markets/Fed/Economic Recovery
There’s enough going on to make your head spin! The passing of Supreme Court Justice Ginsberg, TikTok, continuing Covid-19 issues, the economic recovery, stimulus battle, Federal Reserve alteration, the election, and of course politics!!!! Certainly, enough to increase market volatility! First and foremost, we should honor the life of Supreme Court Justice Ruth Bader Ginsberg. […]
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 […]
A Year We’ll Never Forget… plus Corporate Profits & Unemployment/Stimulus…
This will mostly likely be one year ALL of us will never forget. So much has happened and is happening, even as I type. The news flow appears to be endless, whether it’s Covid-19, the economy, the markets, our international relationships, the election, or our current civil unrest. Reopening Pace Slowing? After the initial surge […]
Stocks/Income Tax Talk/4 Months Until Election Day!
Stocks, How Long of a Wait? When we look at the current major index levels of the stock market, it certainly appears all is well. If you fell asleep on December 31, 2019 and awoke on July 4th, 2020, you might say “hey, after a good year in 2019, this is just a little pullback…” […]
How Will Things Change?!
Drug companies are working feverishly to obtain the solution to Covid-19. Certainly a huge reward to whoever is successful! Each time we hear a bit of positive drug news, the markets move higher! This morning, Novavax is the latest company to suggest they “got it,” as they begin their trial period. The market is only […]
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 […]
