CARES Act for Small Businesses
by Daniel Czulno, CFP®
Congress recently voted to approve and the President signed the “Coronavirus Aid, Relief, and Economic Security Act,” or “CARES Act” for short. The headline grabbing piece of this particular legislation is the provision which will send checks, or direct deposits, to millions of Americans as a stimulus for the economy. This is certainly helpful due […]
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CNBC – Worst Month in a Century
by Quint Tatro
Quint joins Trading Nations as the Dow Jones has the worst month since 1931.
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What Comes Next
by Quint Tatro
It was another horrible week in the markets, with the S&P 500 Index falling 15% since Monday and now marking a 32% decline from February 19. Under the surface, the carnage is even worse with companies like JP Morgan dropping 40% since February 12, and Exxon Mobil’s 53% decline for the year. World class franchise […]
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A Different 20,000
by Quint Tatro
March 18, 2020 – I called into a local radio program this morning, and I was asked for my comments on the markets. The subject matter was what you would expect. We spoke of the market crash, the Fed’s interest rate activity, the pending stimulus for individuals and small businesses and my general view of […]
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Learning From History
by Quint Tatro
March 17, 2020 – When discussing the financial crisis, most cite 2008 and the S&P 500’s significant 38% decline. Ironically, most forgot, or have pushed from their memories, the first quarter of 2009 when the S&P declined another 25% until March 6th, when it finally found a bottom, capping a 58% decline from peak to […]
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CNBC – Weathering the Storm
by Quint Tatro
Quint joins Trading Nations to discuss the market in it’s third worst day in history.
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The Service Economy
by Quint Tatro
March 16, 2020 – We’re back at it this morning with market futures giving back Friday’s bounce. Over the weekend, the Federal Reserve cut interest rates to zero and added an additional $700B in quantitative easing into the financial system. While this is a welcome sign for the credit markets, it is doing little to […]
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Watching Carefully
by Quint Tatro
March 12, 2020 – 10:30 – From the SEC Tournament to the NBA, the coronavirus is now threatening the daily lives of  all Americans whether they are ill or not. Unfortunately, last night’s presidential address didn’t do much to calm the markets, and the additional travel ban on flights from Europe is only adding fuel […]
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Taking a Breath
by Quint Tatro
March 3rd, 2020 – 11am – I did an amazing thing this morning, which seemed to be exactly what the Dr. ordered. It was both profound and comforting. Believe it or not, I actually turned off CNBC and neglected to jump on social media. Now, I’m not saying it is wise to simply pretend there […]
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Market Triggers Circuit Breakers
by Quint Tatro
March 9, 2020 – 9:30am – This morning the market was open just a few minutes before the first circuit breakers were thrown and the market halted for 15 minutes, down 7%. Once re-opened we’ve been seeing a bit of a selling respite which is tough to trust. If we head back down the next […]
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