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Weekly Commentary

Week of October 19, 2020

It was a turbulent week for investors.  Waves of positive and negative news buffeted financial markets last week: The financial sector delivered upbeat earnings news  Currently, many financial companies in the Standard & Poor’s 500 Index have reported third quarter earnings and have done better than expected. Despite upbeat earnings, some companies’ shares declined because of uncertainty about the path of economic recovery. If recovery continues...READ MORE

Week of October 12, 2020

Yes. No. Maybe?  Markets were sharply focused on the status of stimulus last week. First, it was on. Then, it was off. Then, it might be on. Then, it was off again. There was a big bill. There was a smaller bill. There were stand-alone options. ‘Maybe’ was enough for investors Major U.S. stock indices finished the week higher, per Barron’s, and global indices were bullish on Friday because of U.S. stimulus talks, reported Financial Times...READ MORE

Week of October 5, 2020

Last week, the third quarter of 2020 came to an end – and the fourth quarter delivered a doozy of an October surprise.  President Trump has the coronavirus On Friday Americans awoke to the news President Trump had contracted COVID-19. Financial markets responded with relative equanimity. After a brief sell-off on Friday, major U.S. indices finished the week, and the third quarter, higher...READ MORE

Week of September 28, 2020

For four weeks, the U.S. stock market has sparked and sputtered like a campfire in light rain. Today, pandemic-driven demand is providing fuel for the investors. The need for certain types of products and services has accelerated and innovation is creating new opportunities. Consider: Technology. Today, digital technologies support nearly all group interactions, which has accelerated innovation...READ MORE