Sep 6, 2020 | Wealth Management
US Debt levels hit a postwar record this week and the debt surpassed 100% of GDP for the April to June quarter. That would put the US in the company of a esoteric few – Japan, Italy and Greece. In the meantime, the Dow briefly topped 29000 before pulling back...
Aug 23, 2020 | Wealth Management
With the Democratic National Convention behind us and the Republican National Convention set to nominate Donald Trump for the Presidential Election in November, Wall Street has all but given up on monitoring corporate earnings and its entire focus is now on who will...
Aug 16, 2020 | Wealth Management
With the market edging higher and the prospect of combative presidential debates to start soon, speculation is running rampant on how a Biden victory could impact the stock market. On the one hand, there are those who believe that the prospect of raising taxes and...
Aug 2, 2020 | Wealth Management
It is no secret that the Nasdaq has defied all headwinds and posted phenomenal returns amidst an environment that has been nothing but gloomy – record unemployment, massive GDP hole, coronavirus cases and deaths mounting by the day and no vaccine in sight. To...
Jun 28, 2020 | Wealth Management
Coronavirus cases are spiking and reopenings are being delayed. Texas Gov. Greg Abbott said the state will roll back some of its reopening measures as coronavirus cases and hospitalizations continue to rise. Florida announced it would suspend “on premises consumption”...
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?...
