Markets Get More Juice!!

Over the weekend, the markets received another chunk of dough in the form of extended unemployment benefits, a payroll tax holiday, an eviction moratorium extension, and additional student loan payment deferment. In anticipation, the markets charged higher with the confidence that more juice was on the way.  For the week, the Dow rose 3.88%, the […]

STIMULUS/JOBS/MARKETS

No deal yet? Should the dollar figure be $600, $200 or perhaps meet in the middle @ $400! I absolutely believe that anyone who has suffered a current Covid-19 related job-loss should continue to receive unemployment compensation until they are called back, or the economy truly opens and job openings are plentiful. The amount, in […]

HOT Weather & Hot News!

We certainly know we’re into the doldrums of summer.  Temperatures are forecasting to pierce 100 degrees this week!! In a “normal year,” we would now be focusing on 2nd quarter corporate earnings, while looking for guidance for the remainder of the year.  NOT THIS YEAR!  Instead, we are waiting for the Hot New Stimulus that […]

A Year We’ll Never Forget… plus Corporate Profits & Unemployment/Stimulus…

This will mostly likely be one year ALL of us will never forget.  So much has happened and is happening, even as I type.  The news flow appears to be endless, whether it’s Covid-19, the economy, the markets, our international relationships, the election, or our current civil unrest. Reopening Pace Slowing? After the initial surge […]

Stocks/Income Tax Talk/4 Months Until Election Day!

Stocks, How Long of a Wait? When we look at the current major index levels of the stock market, it certainly appears all is well.  If you fell asleep on December 31, 2019 and awoke on July 4th, 2020, you might say “hey, after a good year in 2019, this is just a little pullback…”   […]

Markets Higher Last Week… & Pouring Rain Did Not Stop Father’s Day!!!

Recovery, Fast or Slow? We are now over 3 months from the beginning of our economic shut down! Those who are allowed to and ventured out, certainly spent money in May, as retail sales increased far more than expected.  There is very little doubt that consumer spending is going to continue increasing, as more states […]

Markets Moving Very Fast!

What a difference 1 week can make!  Prior to last week, stock markets were pricing extreme optimism, in my opinion.  Last week optimism quickly retreated, at least for now, as the Dow Jones retreated (5.51%), the S&P (4.73%), and the Nasdaq Composite (2.27%).   The Russell 2000 Small Cap index led the decline by falling (7.89%) […]

Market Optimism is SKY HIGH!

An amazing 2.5 Million Jobs were added back in May, according to last Friday’s ADP employment report.  The crazy part is: economists estimated we’d have a LOSS of over 8 Million Jobs.  Certainly, shows that no one can accurately predict the data, except those that guess correctly. A combination of Federal Reserve Monetary Support, Government […]

Employment Update & Medicare News!

So how are you feeling?  We’ve been at this pandemic issue for about 3 months!  So much has been reported, seen and experienced! Certainly the events over the last few days don’t add to our naturally optimistic view of the short & longer term future. I wake up every day knowing that we are one […]