Insights
Initially propelled by an expectation smashing 4.8M June jobs gained report and sustained by the announcement of several promising phase III clinical trials for Covid-19 vaccines, equity markets continued their remarkably persistent rally in July.
By:Brenda McRae
Last year, Governor Roy Cooper signed a bill requiring all North Carolina high school students to pass a course in economics and personal finance as a requirement of graduation beginning with the 2020/2021 school year.
2Q 2020 felt like the longest, slowest three months for many, but in capital markets, everything moved at warp speed.
New updates from the Internal Revenue Service regarding required minimum distributions, or RMDs.
The “black swan event” for markets was turning off the U.S.
From February 19th to March 23rd, the S&P 500 fell 34% as the “Great Lockdown” wreaked economic havoc and sparked alarming Depression fears.
The four most dangerous words in investing are said to be, “This time is different.” Yet today, “unprecedented” is clearly more factual than hyperbole.
With so much uncertainty surrounding the COVID-19 threat and possible shelter-in-place mandates, we want to share with you the steps we are taking to help slow the potential infection rate in our community while continuing to care for our clients.
After ending January with a minor 3% pullback upon the emergence of the coronavirus in China, the S&P 500 surged 5% to an all-time high of 3386 on February 19th, responding to better than expected corporate earnings and early signs of a global manufacturing recovery.