A Tale of Two Markets
by Quint Tatro
May 13th, 2020 – It’s been a nice respite, as the market has worked off the March crash and rebounded back to respectable levels. It’s another good lesson in extremes and also making sure we always remain open minded to the counter argument. I’ll spare you the psychological pleasantries and get right down to my […]
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Ripple Effects
by Quint Tatro
April 12th, 2020 – It was a strong bounce week on Wall Street with the S&P gaining over 12%. From its low of 18,213 on March 23, the Dow closed Thursday at 23,719.37, up more than 5,500 points, a 30% gain in just 3 weeks. The rise can be credited to both much better than […]
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Our Game Plan
by Quint Tatro
April 6th, 2020 – I started to travel by air when I was a child and absolutely loved it. In addition to some epic family adventures, my family would take me to the airport, walk me to the gate and send me off by myself to visit my grandparents in Arizona. I don’t remember whether […]
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Unemployment and the Market
by Quint Tatro
April 3rd, 2020 – This morning’s economic report was far from rosey, with 6.6 Million initial jobless claims for the week. This was far ahead of the, roughly, 3 Million estimate and well over the 4 Million ‘whisper’ number. The initial print took equity futures from up 1% to flat within seconds; however, when the […]
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CARES Act for Small Businesses
by Daniel Czulno, CFP®
March 30th, 2020 – 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 […]
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What Comes Next
by Quint Tatro
March 21st, 2020 – 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 […]
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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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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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