Locally based CPA firm since 1956
Marketwatch – May 2020

Marketwatch – May 2020

The month of April was one of the strongest months in the market on record. All three major indices remain in negative territory for the year but April sure helped alleviate some of the pain. The DOW is -14.69% year-to-date (YTD) with April’s return clocking a very...
Marketwatch – May 2020

Marketwatch – Mid-April 2020

U.S. equities ended the second week of April with the largest weekly recovery ever. We don’t think this will hold. Uncertainty and credit Issues are the two biggest challenges for markets. The markets are not looking for the light at the end of the tunnel, only that...
Marketwatch – April 2020

Marketwatch – April 2020

U.S. equities ended the first quarter of 2020 with the worst quarterly performance ever. The S&P 500 lost 20 % while the Dow was down 23.2% the somewhat resilient NASDAQ finished down 14.18% What is causing this precipitous drop? Not the economic data, at least...
Marketwatch – March 2020

Marketwatch – March 2020

With such fear and concern manifested in the markets over the past few weeks we wanted to address investor’s concerns and perhaps calm some fears. I believe the 2nd quarter of 2020, ending June, will be the worst quarter in terms of GDP since the (8.4%) experienced in...
Marketwatch – February 2020

Marketwatch – February 2020

The markets finish February in turmoil with the Dow setting at a negative 11.98% year-to-date, the S&P 500 setting at negative 9.33% and the NASDAQ setting at negative 5.77%. Following a volatile January, the markets set an all-time high February 19 but then the...