The Wealth Blog
The Wall Street Main Street Disconnect – May 1, 2020
The economic data is rolling in. With few exceptions, we don’t have much of a read on April’s numbers, but March has been ugly. Weekly…
Defying Gravity – April 29, 2020
The disconnect between Main Street and Wall Street is enormous. The Dept of Labor reported 26 million first-time claims for unemployment insurance over 5 weeks….
The Great Oil Price Collapse – April 27, 2020
On Monday, April 20, the U.S. benchmark price for oil, West Texas Intermediate crude oil5, finished the day at -$37.63 per barrel. Yes, that’s a…
The CARES Act and Your Retirement – April 20, 2020
Among other things, the CARES Act aims to help small businesses and those who have lost their jobs. In addition to the stimulus checks for…
First Quarter Earnings Preview – April 15, 2020
Q1 earnings season is unofficially getting underway this week. The brunt of the damage from the COVID-19 pandemic may not be felt until the second…
Social Distancing from COVID-19 Scams – April 13, 2020
An economic and a health crisis has its roots in a global pandemic. None of us have escaped the impact. When a natural disaster hits,…
Happy Easter! – April 9, 2020
Please be advised that our office will closed Friday, April 12th, in observance of Good Friday. We will resume our regular hours of operation on…
Trading on COVID-19 – April 8, 2020
Fiscal stimulus and support from the Fed are in place, and more from the federal government may be on the way. Measures taken have stabilized…
COVID-19 Infects the Labor Market – Tip of the Iceberg – April 6, 2020
The U.S. BLS reported that nonfarm payrolls fell a much-greater-than expected 701,000 in March. Because the survey is taken during the week that includes the…
Coronavirus Scams and You – April 1, 2020
Sadly, whenever we experience a natural disaster, scams proliferate. The COVID-19 crisis is no exception. The FTC has warned Americans to beware of potential scams….
The Data Start to Roll In & The What and Why of Stimulus – March 30, 2020
We are beginning to get an early read of how the economy may fare amid government-led shutdowns and social distancing. On Thursday, the Dept of…
The Fed is Lender of Last Resort—For Main Street, Everyone – March 25, 2020
The Federal Reserve was created in 1913 in response to the Panic of 1907. It was birthed to step into the gap when banks “get…