Archive for March 2020

Historic First Quarter Finally Comes to an End As the worst quarter for markets since 2008 ends, talk of additional relief measures begins. Volatility continues to drop, but more positive news is needed before discussions about reopening the country can begin. Click HERE to read more.

Volatility is Down, But COVID-19 Cases Continue to Rise With COVID-19 cases and deaths spiking in the U.S., President Trump extended social distancing guidelines through April. Markets responded positively to the news, volatility has decreased and the dollar has rebounded – all positive signs for the economy. Click HERE to learn more.

It looked like it might get delayed early on, but the House passed the Phase 3 relief package today. Markets weren’t impressed, however, ending a historic three-day run and ending the week on a down note. Click HERE to learn more.

The Senate agreed to a relief package last night, which now goes to the House. It couldn’t come soon enough, as a record-setting 3.3 million Americans applied for unemployment last week. Markets chose to focus on the good news about the relief package, ending up for the fourth consecutive day. Click HERE to learn more.

After yesterday’s strong run, the markets followed through with another impressive day after initially faltering early in the session. However, we sold off more than half of the day’s gains by market close, driven by Congress’ lack of action on a stimulus package. Click HERE to learn more.

The market finally comprehended the magnitude of the Federal Reserve’s actions announced on Sunday evening and responded today. Click HERE to learn more.  

We have been told continuously that we will see increasing infection numbers as testing becomes more widespread. The news reporting has been one-sided and has been sensationalizing the “body-count,” which continues to drive investor angst. Click HERE for your consumer-facing report with the latest headlines and what’s driving the day’s markets.