Insights
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.
By: Robert R. Shaw
The COVID-19 coronavirus outbreak is driving fear and market volatility in China and throughout the world.
U.S equity markets began the new decade seamlessly from 2019.
Starting a new year, and even a new decade, tends to nudge us to think about our future self, something people probably do not do often enough!
By: John E. Silvia
A Question on Prosperity
Several years ago, a TV commercial ended with the comment that “luck is for rabbits.” So it is for investing.
It scarcely seemed possible one year ago – shortly after the S&P 500 dropped 9% between the Fed’s last meeting of the year and Christmas Eve –