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....
Jan 12, 2020 | Wealth Management
Two Federal Reserve officials said, Thursday this week, that the economy was likely to avoid a severe downturn because of timely intervention by the central bank last year. One of them said there is a “reasonable chance” of achieving a soft landing for the U.S....
Dec 22, 2019 | Wealth Management
After a turbulent 4th quarter of 2018, the stock market reversed course in January, with most leading indexes posting solid gains. Despite some growing economic concerns, the U.S. stock market continued to rebound in February. By the end of Q1, lackluster US...
