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 […]
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…” […]
How Will Things Change?!
Drug companies are working feverishly to obtain the solution to Covid-19. Certainly a huge reward to whoever is successful! Each time we hear a bit of positive drug news, the markets move higher! This morning, Novavax is the latest company to suggest they “got it,” as they begin their trial period. The market is only […]
Warm Weather Breeds Optimism! Plus the “HEROES Act”
I cannot wait until this entire issue in the rear-view mirror, however there is ONE item I’ll truly miss. For the last several weeks, driving to my office or anywhere I needed to go was wonderful from a traffic standpoint. Perhaps it’s me; however I think all of the “crazy” drivers stayed home! As the […]
Is It Time to Re-Open the Economy?!
The understandable battle of whether or not to re-open the economy, and how to do so, is divisive however warranted! Opinions are all over the place. You are hearing them all day long so I won’t be repetitive. I’ve read that well over 50% of the Counties in the United States have actual deaths from […]
What is “fair value” for the stock and bond markets?
Market Wants to Know? From a record S&P 500 high, 3393 on February 19th, to the current low, 2191.86 on March 23rd, back up to 2950 early last week, AND NOW now sitting at 2800…….. That’s enough to make your head spin! What is “fair value” for the stock and bond markets? At the end […]
The Market’s Next Move? It’s A Good Time to PLAN!
Stock Market – Up or Down Next? What About Bonds? Good Time to Plan Last week most stock market indexes increased over 10%. The Dow was up 12.67%, the S&P 500 rose 12.10%, the Nasdaq Composite 10.59% and the Russell 2000 small cap index up 18.50%. The S&P 500 all-time high was 3393, reached less […]
