August 2020

  • August 31, 2020

    Weekly Market Commentary August 31, 2020 The Markets Hello everyone. I hope this finds you and your family in good health and safe. We recently have received news of several clients having some health issues with spouses, relatives, or themselves. It has been unrelated to Covid, but the virus restrictions on visits have added to […]

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  • August 24, 2020

    Weekly Market Commentary August 24, 2020   The Markets The shortest bear market in history is over and what a ride it’s been. The Nasdaq Composite and Standard & Poor’s 500 Indices finished at new highs last week. The stock market is considered to be a leading economic indicator, so strong stock market performance suggests […]

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  • August 17, 2020

    Weekly Market Commentary August 17, 2020   The Markets The Standard & Poor’s (S&P) 500 Index finished the week within a whisker of its February high, reported Randall Forsyth of Barron’s. It’s been a historic feat. The stock market has recovered in just 175 days. Historically, comparable recoveries (those following market drops of 20 percent […]

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  • August 10, 2020

    Weekly Market Commentary August 10, 2020 The Markets There was good news and bad news in last week’s employment report. The good news was the U.S. Bureau of Labor Statistics delivered better-than-expected data about employment. In July, the U.S. economy added about 1.8 million new jobs. The flip side of employment is unemployment. The U-3 […]

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  • August 3, 2020

    Weekly Market Commentary August 3, 2020   The Markets Last week delivered a mixed bag of financial and economic news. As many expected, the U.S. economy did not fare well during the second quarter. COVID-19 lockdowns and business closings caused productivity to fall by one-third. Real gross domestic product, which is the value of all […]

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August 2020
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