by PMG | Mar 31, 2020 | Weekly Commentary
An open-ended commitment by the Federal Reserve to support American businesses and capital markets along with the passage of a $2 trillion aid package improved investor sentiment and drove a strong rally in stock prices. The Dow Jones Industrial Average jumped 12.84%,...
by PMG | Mar 24, 2020 | Weekly Commentary
The stock market suffered through another volatile week as it wrestled with the health and economic fallout of the domestic spread of the coronavirus. Swift and decisive actions by the Federal Reserve and policy responses from the federal government did not keep...
by PMG | Mar 19, 2020 | Weekly Commentary
Hello Everyone. Having gone thru the last 2 major Bear Markets (2000-02, and 2008-09) here are some thoughts for today and items at the end to make sure we are connected. First stay calm and don’t forget to breathe. This market drop was quicker in terms of time....
by PMG | Mar 17, 2020 | Weekly Commentary
Markets remained exceptionally volatile, buffeted by the spreading impact of coronavirus, uncertain responses from federal policymakers, and the sudden drop in oil prices. The Dow Jones Industrial Average fell 10.36%, while the S&P 500 declined 8.79%. The Nasdaq...
by PMG | Mar 10, 2020 | Weekly Commentary
Heightened coronavirus fears, falling yields, and Super Tuesday primary results sent stocks on a rollercoaster ride of sharp price swings, leaving stocks marginally higher for the week. The Dow Jones Industrial Average improved 1.79%; the S&P 500, 0.61%; the...
