Filed under: Company News
Improving economic data led stocks to advance this week, even as total coronavirus case numbers continue to mount. Data tracking consumer confidence, pending home sales, manufacturing, and employment were all better than expected. This week, the...
Filed under: Company News
Concern about increasing numbers of coronavirus cases in the U.S. and the threat to economic recovery weighed heavily on markets this week. Some states hit the pause button on further reopening plans in an effort to stave off overcrowding of hos...
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: General
On July 2, 2020, a new no-fault auto insurance law will come into effect allowing Michigan drivers to select their level of Personal Injury Protection (PIP). PIP is the coverage that pays for allowable expenses in the event of an auto accident. ...
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...
