The Wealth Blog

We witnessed a political earthquake in Europe, as the UK voted to leave the 28-nation European Union (EU). It wasn’t supposed to happen, per the…

Stocks hit a near-term bottom on March 23 (WSJ, various sources, major U.S. market indexes) and have rallied sharply off the low. Nearly 18% of…

We see it every day. Hair salons, medical offices, retail stores, restaurants, and more are slowly reopening. We’re far from reclaiming the economic highs of…

Economists use letters of the alphabet to describe economic recoveries. A V-, U-, L-, or W-shaped recovery. You see, the letter is designed to describe…

Since 1957, the S&P 500 Index2 has advanced by more than 20% over a 50-day period just eight times (LPL Research). Through June 3, a…

Analysts expected the unemployment rate to rise from 14.7% in April to 19.8% in May (Econoday consensus). On top of April’s record 20.7 million drop…

On Friday, the government will release May’s employment data. Per Econoday, economists expect another 7.7 million job losses (on top of 20.5 million in April)…

The savings rate soared from an already-lofty 12.7% in March to a record 33.0% in April, as Americans continued to slam the brakes on spending….

First and foremost, the Covid-19 pandemic is a health crisis. But the economic ramifications have been widespread. Here are 7 steps you can take to…

The unemployment rate hit its highest level since the Great Depression last month (U.S. BLS), and it appears set to jump again in May. April…

You can’t control the headlines, but you can put your financial house in order. Evaluate your emergency fund. If you are working and received a…

The U.S. Bureau of Labor Statistics will release April’s jobs report on Friday. Per Econoday, economists are expecting a loss of over 21 million jobs…