Following the best quarterly performance for US stocks in 23 years, the S&P 500 continued to move higher throughout most of the third quarter. At one point in early September, the S&P 500 was +15.9% for the quarter and posting new all-time highs. Read More

The COVID crisis injected uncertainty into the markets and many investors earlier this year. While investors watched as the virus spread, many wondered how long this might play out and whether they should sell some equities and park that money in cash. Other investors didn’t wonder at all – they sold first, and asked questions… Read More

On August 18th, the S&P 500 Index hit a new all-time high after having recouped its losses for the year. Since then, it has continued to move mostly higher. Many investors interpret this as meaning that all stocks are back to their highs of the year, but that is not the case. Here’s why:  The… Read More

There are few events as uncertain and long-lasting as a run-up to a presidential election. It’s a trying time for investors in the best of years, and 2020 has certainly been no exception. The combination of events we’ve faced this year provides a perfect recipe for investors of all persuasions to be nervous about what… Read More

Tomorrow (Thursday, July 30) we will get the first look at the second-quarter GDP data, and it’s going to be one for the record books. The median estimate is for a decline of approximately 35%. Given that the government only began tracking GDP in 1947 (after the Great Depression), this reading will most likely be… Read More