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...
Feb 2, 2020 | Wealth Management
The coronavirus has spread rapidly since emerging in Wuhan in December. So far its spread outside China has been limited, but appears to be spreading with new cases being reported every day. Investors have reacted fast – selling off equities with China ETFs down...
Jan 19, 2020 | Wealth Management
The Trump administration’s “monster” trade deal with China helped drive global stocks to records and push currency volatility to all time lows. But the accord excludes $50 billion of U.S. exports and there are doubts China can buy the extra $95 billion in commodities....
