The month of May was again a strong month in the market yet all three major indices remain in negative territory for the. Over the past eight weeks, 36 million Americans have filed unemployment claims. US GDP plunged by 4.8% in the first quarter of 2020. Yet the US...
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...
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...
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...
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...
