Market Update:A Covid Recession and Recovery

The economy hit a peak in February 2020 and bottomed out in April of the same year, according to the National Bureau of Economic Research (NBER), which is viewed as the arbiter of recessions and economic recoveries. In determining the peak and trough of the economy, the NBER considers several indicators of employment and production.Continue reading “Market Update:A Covid Recession and Recovery”

February Market Recap

Internet forums vs. the professionals, or revenge of the nerds Why have stocks been on such a powerful run, overcoming a dangerous pandemic that has rocked our economy? The tailwinds that have fueled the advance include low interest rates, liquidity from monthly Federal Reserve bond buys, the Fed’s owns forecast that rates will remain lowContinue reading “February Market Recap”

January 2021 – Q4 Market Recap

A rollercoaster year ends on a high note In terms of finance, as in so many ways, 2020 was a year none of us will ever forget. The initial outbreak of Covid and fears about its rapid spread sent stocks and Treasury bond yields plummeting in March. The broad-based S&P 500 Index lost nearly 33.9%Continue reading “January 2021 – Q4 Market Recap”