Apr 26, 2020 | Wealth Management
With the recent rally, common sense appears to have to been put to the test. Many believe that correction was misstated. Why? The market declined 34% but already has been back up 25% so it’s now really only down 9%, barely enough to call it a correction. Really?...
Apr 12, 2020 | Wealth Management
April 10th marked 100 days since the WHO (World Health Organization) was first notified of the novel corona virus outbreak in China. WHO’s mission statement reads “To publish and disseminate scientifically rigorous public health information of international...
Apr 5, 2020 | Wealth Management
March felt like an eternity. It all started well in Jan and then we had a furious rally till Feb but then, everything fell apart. S&P declined and kept declining until it fell 35%. Even after decline this week, the indices are notably off their worst levels seen...
Mar 29, 2020 | Wealth Management
America has more than 100,000 coronavirus cases, but it’s unclear what path the mortality rate will take in the coming weeks. China is keeping foreigners out, India is trying to keep 1.3 billion people indoors, the U.S. continues to struggle with testing and doctors...
Mar 7, 2020 | Wealth Management
In a tumultuous week for equities, the Dow swung 1,000 points or more – twice within three days. The Dow lost nearly 1,000 points (more than 3%) on Thursday, and added even more sharp declines on Friday, tanking more than 750 points. The S&P and the Nasdaq...
Mar 2, 2020 | Wealth Management
U.S. stocks entered a market correction — defined as a 10% drop from a recent peak — on Thursday this week as fears around the global spread of Corona virus rocked financial markets. For the S&P 500, the drop into a correction from an all-time high in just six...
