by Susan Baity | Oct 12, 2020 | Articles for financial advisors, Blog
Americans are contending with a lot these days. A pandemic, political uncertainty, social justice protests, trade tensions, a faltering economic recovery, and myriad circumstances and consequences that result from each. One of those consequences is intensified stock...
by Susan Baity | Oct 5, 2020 | Blog, Financial News
On Friday, October 2, financial markets were unsettled by news that President Trump and the First Lady had tested positive for coronavirus. They also were concerned about the U.S. employment report. Economists expected that 850,000 new jobs in September. Instead,...
by Susan Baity | Sep 28, 2020 | Blog, Financial News
A summary of financial and economic news from last week The tech-heavy Nasdaq Composite moved higher last week, while the Standard & Poor’s 500 index and Dow Jones Industrial Average moved lower. “Worries over rising coronavirus cases and waning hopes of more...
by Susan Baity | Sep 22, 2020 | Blog, Financial News
A summary of financial, economic, and other news Major U.S. stock indices have fallen for three consecutive weeks. The downturn may continue reported Randall Forsyth of Barron’s, “…major investors may have to rebalance portfolios, paring stocks after the...
by Susan Baity | Sep 14, 2020 | Blog, Financial News
A summary of financial, economic, and other news Friday was the 9/11 National Day of Service and Remembrance. Some long-standing traditions were modified because of the coronavirus pandemic. Major U.S. stock indices finished the week lower. “Following the fastest 10%...
by Susan Baity | Sep 8, 2020 | Blog, Financial News
At the close on Friday, major U.S. stock indices were lower. The S&P 500 finished down 2.3 percent for the week, the Dow dropped 1.8%, and the Nasdaq gave back 3.3%. The market may be uncomfortably volatile until election results have been tabulated, which may...
