Month: April 2020

In this communication, we provide updates on financial markets, government policy, and some statistics on how coronavirus infection numbers are shaping up. Market Update In the rapidly changing world of the COVID-19 pandemic, the pace of news and developments this past week was relatively slow compared to the pace in March and early April. While | Read More +

Market Update Equity markets have trended down so far this week largely for two reasons: (1) extended negotiations in Congress to expand relief for small businesses and (2) lower oil prices (discussed in the next section). The S&P 500 has fallen 4.7%, Nasdaq is down 4.4%, and the small cap Russell 2000 down 3.2%. International | Read More +

In this communication, we provide a market update and then review some ways to think about the sometimes -alarming economic news headlines that have appeared over the last several weeks and may continue through the quarter. Market Update Financial markets had a largely positive week. After a few poor days earlier in the week, equity | Read More +

The current crisis is unprecedented, and fraudsters will try to exploit any crisis. We have put together a guide of the most common scams specific to the COVID-19 crisis. You can access it here:  A Guide to COVID-19 Scams.

After a string of volatile weeks during which the markets dropped, this week provided positive gains across the majority of investment categories. Large cap stocks rose three out of the four trading sessions and racked up 12% gains.  Since the current intra-year low on March 23rd, the S&P 500 is up 25%, the small cap | Read More +

In terms of financial markets, this past week was less volatile than recent weeks. What were daily equity market moves of 6% or greater throughout most of March, have mostly been within a band of ~3% this week.  It was also quieter on the news front.  After several weeks chock full of major developments in | Read More +