Investors were rocked by economic data showing the economy hit the brakes hard in December. Last week, major U.S. stock indices decelerated as investors gaped at the economic damage caused by the rising number of coronavirus cases around the world. There have been more than two million COVID-19 deaths globally, with more than 390,000 deaths […]
The event at the United States Capitol building had a resounding impact around the world, but it didn’t deter global stock markets.
Last week, investors weighed the violent disruption of America’s 2020 presidential election process against the outcome of the Senate runoff in Georgia, and decided the latter was more significant.
Last week was the cherry on top of a turbulent year for investors.
After the $900 billion fiscal stimulus bill was signed on Sunday, major U.S. stock indices moved higher. The Washington Post reported, “The S&P 500-stock index, the most widely watched gauge, is finishing the year up more than 16 percent. The Dow Jones Industrial Average and the tech-heavy Nasdaq gained 7.25 percent and 43.6 percent, respectively. The Dow and S&P 500 finished at record levels despite the public health and economic crises.”
If the grass looks greener on the tax-free side of the retirement income fence, you may want to consider a Roth conversion.
Wondering how to bring everyone together – virtually – after a really challenging year? Here’s an idea: chronicle the quarantine. Seriously.
--Consider placing a credit freeze at each reporting bureau. Clark Howard has a helpful guide here: https://clark.com/credit/credit-freeze-and-thaw-guide/ --Enroll in free credit monitoring if it becomes available as part of any security breach. --Check your credit reports. Obtain a free copy of your credit report from all three reporting bureaus at https://www.annualcreditreport.com. Others have recommended sites such as […]