The Week on Wall Street – June 16, 2020

Investor sentiment turned negative last week, amid an increasing number of COVID-19 cases in states where re-opening has been underway as well as a subdued economic forecast from the Federal Reserve. The Dow Jones Industrial Average dropped 5.55%, while the Standard...

The Week on Wall Street – June 9, 2020

A positive jobs report sent stocks soaring last Friday, capping a solid week as evidence of a global economic recovery outweighed concerns over civil unrest and tensions with China. The Dow Jones Industrial Average jumped 6.81%, while the Standard & Poor’s...

Note from Phil G.

As the United States continues to re-open we are seeing the markets melt up with volatility slowing. We are expecting more good news to come, but there will be some setbacks too. The one area everyone will be watching is unemployment, jobless claims, and basically...

The Week on Wall Street – May 26, 2020

Upbeat comments by the Federal Reserve Chairman and more signs of an economic turnaround combined to help fuel a powerful rally in the stock market last week. The Dow Jones Industrial Average rose 3.29%, while the Standard & Poor’s 500 advanced 3.20%. The...

NOTE FROM PHIL

Status update: Don’t forget to let us know if your work situation has changed as it could lead us to manage your portfolio a little differently. So far some really good news is that our clients’ situations have not changed too much from a work and cash...

THE WEEK ON WALL STREET – May 12, 2020

Despite an historic downturn in employment, stocks managed to climb higher last week as investors were emboldened by the pace of economic re-openings here and abroad. The Dow Jones Industrial Average gained 2.56%, while the Standard & Poor’s 500 advanced...