Filed under: Company News
Market Update – June 20, 2020The tug-of-war between promising economic data and the ongoing threats to recovery continues. Improving retail sales and a potential thaw in U.S. – China trade relations helped lift stocks, even as Covid-19 cases...
Filed under: Company News
Volatility returned to markets this week, as stocks vacillated between gains and losses. Positive momentum from the past two months’ rally carried markets early in the week, only to see concerns about future economic growth and a second wave o...
Filed under: Company News
Stocks rose sharply for the week, continuing the market’s climb from March lows. Surprisingly upbeat employment data indicated that displaced workers are being rehired and the economic recovery from the shutdown may be progressing faster than ...
Filed under: Company News
Stocks rose again over the shortened holiday week, even as the ongoing U.S.–China conflict produced troubling news headlines, and civil unrest followed the tragic death of a Minnesota man in police custody. While the gradual worldwide economic...
Filed under: Company News
Cautious optimism for economic recovery continued this week, as all fifty states have now reopened their economies in some fashion. Stocks rose sharply Monday on promising vaccine news and held on to most of those gains through the remainder of ...
Filed under: Company News
Stock markets retreated this week, taking a break from their sharp recovery. Additional bad economic and unemployment data – combined with the concern that stocks may have moved too far too fast – was enough to send stock prices lower. For t...
Filed under: Company News
With more than half of states now in some phase of reopening, the next stage of the recovery is taking shape. Even though unprecedented unemployment numbers continue to underscore the severe economic effects of the shutdown, a measured sense of ...
Filed under: Company News
As some states are beginning to ease restrictions on businesses, there is a hope that we’ve seen the worst of the coronavirus outbreak and that we can return to some semblance of normalcy as a nation. While the reopening will continue to be gu...
Filed under: General
What a week. As if a pandemic, extraordinarily bad unemployment numbers, and significant recession weren’t enough for the markets to process, a percolating crisis in oil prices boiled over on Monday. The shutdown has caused international deman...
Filed under: General
Federal and state governments began coordinating preparations for reopening this week. While stock markets are forward-looking and have experienced gains from the recent bottom, it’s important to temper expectations about the economy until the...
Filed under: General
The Federal Reserve crossed traditional boundaries and opened the doors on Thursday for another round of emergency measure funding. The Fed said it will invest up to $2.3 trillion in loans to aid small and mid-sized business and state and local ...
Filed under: General
Stocks displayed slightly less volatility last week, as the S&P 500 ended down -2.1% and the Dow Jones Industrial Average finished down -2.7%. Both indices began the week on a positive note, only to pull back by the close of trading on Frid...
