Weekly Commentary

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 flow situation....

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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 3.50%....

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THE WEEK ON WALL STREET – May 5, 2020

Stock prices ended the week slightly lower, despite news of positive results from a test trial of a COVID-19 drug treatment and several states easing their economic lockdowns. The Dow Jones Industrial Average slipped 0.22%, while the Standard & Poor's 500 lost...

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THE WEEK ON WALL STREET – April 28, 2020

Stock prices bounced around last week as investors reacted to wild swings in the price of oil and reports that called into question the efficacy of two potential virus treatments. The Dow Jones Industrial Average retreated 1.93%, while the Standard & Poor's 500...

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THE WEEK ON WALL STREET – April 21, 2020

Stock prices pushed higher last week as news of a White House plan to reopen the economy and reports of a potential COVID-19 treatment helped the market overcome weak economic data and an ugly start to the corporate earnings season. The Dow Jones Industrial Average...

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THE WEEK ON WALL STREET – April 15, 2020

The stock market staged a broad rally this week, buoyed by the prospect that the COVID-19's grip on the nation may be easing and news of another Federal Reserve program to help stabilize businesses. The Dow Jones Industrial Average jumped 12.67%, while the Standard...

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THE WEEK ON WALL STREET – April 7, 2020

Modest declines in stock prices this week masked the volatile inter- and intraday price swings as investors digested poor economic data and a warning from the President that the worst days of the COVID-19 pandemic may still lie ahead. The Dow Jones Industrial Average...

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THE WEEK ON WALL STREET – March 31, 2020

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%,...

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THE WEEK ON WALL STREET – March 24, 2020

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...

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Coronavirus Update Letter – March 16, 2020

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. To me...

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