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...
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...
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...
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,...
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...
