Market Commentary

  • September 21, 2020

    Weekly Market Commentary September 21, 2020   The Markets Investors weren’t happy with central banks last week. After the Federal Open Market Committee meeting, Federal Reserve Chair Jerome Powell confirmed the economy is recovering more quickly than anticipated: “With the reopening of many businesses and factories and fewer people withdrawing from social interactions, household spending […]

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  • September 14, 2020

    Weekly Market Commentary September 14, 2020   The Markets I think for many reasons this will be a year we’ll remember for a long time. So far, 2020 has been memorable for many reasons, not the least of which is the speed at which some events have been occurring in financial markets. This year, we’ve […]

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  • September 8, 2020

    Weekly Market Commentary September 8, 2020   The Markets Stock markets in the United States retreated a bit last week after trending higher for months. It was difficult to pinpoint a specific reason for the market’s retreat but, some possibilities include: The Labor Day holiday Corporate earnings guidance suggesting companies are pulling back on tech […]

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  • 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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  • July 27, 2020

    Weekly Market Commentary July 27, 2020   The Markets Where are we on vaccines and treatments? During 2020, the United States government has spent more than $13 billion on Operation Warp Speed (OWS), which is focused on accelerating the development of vaccines and treatments for COVID-19. The United States is not alone. Governments around the […]

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  • July 20, 2020

    Weekly Market Commentary July 20, 2020   The Markets We are in a time that is requiring perseverance and patience. Keep going even if your inner voice is tempting you to stop. It is determination and faith in yourself that will be strengthened by the struggle. Every storm is always followed by beautiful days and […]

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November 2020
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