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Category: Market Update

12Oct

Market Update 10/12/2020

Posted by Gregory D. Gardner, CFPon October 12, 2020in Market Update

The Markets 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…

Read More Market Update 10/12/2020

28Sep

Market Update 09/28/2020

Posted by Gregory D. Gardner, CFPon September 28, 2020in Market Update

The Markets 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…

Read More Market Update 09/28/2020

21Sep

Market Update 09/21/2020

Posted by Gregory D. Gardner, CFPon September 21, 2020in Market Update

The Markets Investors weren’t happy with central banks last week. After the Federal Open Market Committee (FOMC) meeting, Federal Reserve Chair Jerome Powell confirmed the economy is recovering more quickly than anticipated: “With the reopening of many businesses and factories…

Read More Market Update 09/21/2020

14Sep

Market Update 09/14/2020

Posted by Gregory D. Gardner, CFPon September 14, 2020in Market Update

The Markets Last week, the Nasdaq Composite Index set another record. So far, 2020 has been memorable for many reasons, not the least of which is the incredible speed at which some events have been occurring in financial markets. This…

Read More Market Update 09/14/2020

08Sep

Market Update 09/08/2020

Posted by Gregory D. Gardner, CFPon September 8, 2020September 8, 2020in Market Update

The Markets Stock markets in the United States retreated a bit last week. U.S. stocks have been trending higher for months. Last week, they gave back some gains. The Nasdaq Composite dropped 3.3 percent, while the S&P 500 Index fell…

Read More Market Update 09/08/2020

24Aug

Market Update 08/24/2020

Posted by Gregory D. Gardner, CFPon August 24, 2020in Market Update

The Markets The shortest bear market in history is over. The Nasdaq Composite and Standard & Poor’s 500 Indices finished at new highs last week. The stock market is considered to be a leading economic indicator, so strong stock market…

Read More Market Update 08/24/2020

17Aug

Market Update 08/17/2020

Posted by Gregory D. Gardner, CFPon August 17, 2020in Market Update

The Markets The Standard & Poor’s (S&P) 500 Index finished the week within a whisker of its February high, reported Randall Forsyth of Barron’s. It’s a remarkable feat. The stock market has recovered in just 175 days. Historically, comparable recoveries…

Read More Market Update 08/17/2020

10Aug

Market Update 08/10/2020

Posted by Gregory D. Gardner, CFPon August 10, 2020in Market Update

The Markets There was good news and bad news in last week’s employment report. The good news was the U.S. Bureau of Labor Statistics delivered better-than-expected data about employment. In July, the U.S. economy added about 1.8 million new jobs.…

Read More Market Update 08/10/2020

03Aug

Market Update 08/03/2020

Posted by Gregory D. Gardner, CFPon August 3, 2020in Market Update

The Markets Last week delivered a mixed bag of financial and economic news. As many expected, the U.S. economy did not fare well during the second quarter. COVID-19 lockdowns and business closings caused productivity to fall by one-third. Real gross…

Read More Market Update 08/03/2020

27Jul

Market Update 07/27/2020

Posted by Gregory D. Gardner, CFPon July 27, 2020in Market Update

The Markets Where are we on vaccines and treatments? During 2020, the United States government has spent more than $13 billion on Operation Warp Speed (OWS), which is focused on accelerating the development of vaccines and treatments for COVID-19, according…

Read More Market Update 07/27/2020

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