112 Search Results for: covid
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Market Commentary: S&P Climbs Despite Surge in COVID-19 Cases
Stocks continued to climb in the face of an increasing number of new COVID-19 cases and evidence the surge is stifling the economy’s ability to recover. Initial unemployment claims dipped to 1.3 million, but they have remained above 1 million for 16 consecutive weeks.
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Market Commentary: Markets See Huge Boost as Optimism Outweighs Slowed Reopening
The S&P 500 wrapped up its best quarter since 1998, gaining 20.5%, amid a strong employment report and continued concerns as the United States and the world posted a record number of coronavirus cases.
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Market Commentary: S&P 500 Dips as COVID-19 Cases Surge
The daily total for new virus cases topped 40,000 as a resurgence in the South and Southwest pushed new cases to an all-time-record high. Some states are reporting record hospitalizations and pausing or reversing reopenings. Initial unemployment claims, as shown in Figure 1, remain close to …
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Market Commentary: Retail Sales Jump as States Loosen Restrictions
Retail sales and food services jumped 17.7% in May, beating estimates of 8% growth. The strong rebound follows sharp declines the previous month created by social distancing. Even with the increase, sales are still 6.1% below where they were one year ago.
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Market Commentary: S&P Climbs Despite Record Decline in Consumer Spending
Coronavirus actions and reactions continued to swing economic data in the U.S. Consumer spending dropped 13.6% in April. It was the sharpest decline on record dating back to 1959. Income moved in the other direction last month.
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CARES Act Summarized
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“What Can I Do To Help?” – Our Response to COVID-19
By Karin Grablin, CPA, CFP® Wealth Advisor at SRQ Wealth These are unusual and uncertain times, to be sure. By now, all of us have been inundated with facts and figures about the Coronavirus, and its impact on the health of our community, our country and the world, both physically and financially.
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CARES Act Summarized
As the stock market hit its lowest returns since the 2008 Financial Crisis, the government stepped in in an attempt to boost the economy.
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Coronavirus and the Markets
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Coronavirus and the Markets Q&A: 5 Industry-Leading Voices on the Magnitude of the Downturn, What Investors Can Do and More
We put together a roundtable discussion of investment experts across financial disciplines to give us some insight on the current markets. This group represents decades of experience in the fields of investment management and financial research and strategy.
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