The Wealth Blog
Extraordinary Measures, Fed action, and What We Might Learn from Past Pandemics – March 23, 2020
Over the past week, our nation has taken extraordinary measures in order to slow and stop the spread of COVID-19. It’s incredibly unsettling. Many restaurants…
The Fed Acts and the Upcoming Recession – March 18, 2020
The Fed didn’t (couldn’t) wait until its scheduled Wednesday meeting. Instead, it acted Sunday afternoon. The Fed slashed its key rate 1-percentage point to 0…
An Oil Spill Darkens the Mood – March 16, 2020
The week began with news that Saudi Arabia plans to cut the price of oil and ramp up production, which sent oil prices down sharply…
Market Update – March 13, 2020
In light of recent market conditions, we wanted to share some of our favorite insights from different experts in the finance industry. The first insight…
The 11 Year Old Bull Market Ends – March 12, 2020
The DJIA and S&P 500 Index are down over 20% from their respective peaks. We have entered a bear market. Two things we know: Bear…
Special Newsletter – March 11, 2020
With concerns over the markets, we wanted to share some points with our clients: The following proved to be useful over similar past circumstances: Stay…
Oil Spill Fuels Manic Monday – March 10, 2020
The S&P 500 Index2 lost 7.6% on Monday. It tops the 6.7% one-day selloff on Aug 8, 2011 and was the biggest one-day decline since…
The Fed Acts, Volatility Continues, What’s Really Driving Investors – March 9, 2020
On Tuesday morning, the Federal Reserve slashed the fed funds rate by 0.5 percentage points to 1.00-1.25%. It was the first intra-meeting rate cut since…
Reacting to a Market Correction – March 4, 2020
Since 2009, there have been 16 pullbacks in the S&P 500 Index2 ranging from 5% to nearly 20% (CNBC). From 1974 – 2020, we’ve had…
Fear Gets Ahead of the Virus – March 2, 2020
Investors took a sanguine stance when the coronavirus was contained to China. Last weekend (Feb. 22/23), headlines surfaced the virus had spread to Italy, South…
Containment – February 26, 2020
When the coronavirus was contained to China, investors mostly brushed aside concerns. More recently, some major firms have begun to reduce revenue/profit forecasts in response…
Coronavirus, Italy, South Korea, Iran – February 25, 2020
When the coronavirus was contained to China, investors more or less brushed aside concerns – modest volatility, with the S&P 500 Index setting 7 new…