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December 1, 2020
Market Commentary - 12/1/2020

Last week, vaccine optimism immunized investors against signs of economic weakness.

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November 24, 2020
Important Tips to Protect your Personal Info

--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 […]

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November 24, 2020
Market Commentary - 11/23/2020

The U.S. economy is like a semi-trailer truck. No one likes being stuck behind a semi at a stoplight because big trucks don’t go from zero to 60 in 2.5 seconds. Neither does the U.S. economy.

When the pandemic brought our economy to a near virtual standstill early in 2020, the U.S. government and Federal Reserve (Fed) took extraordinary measures to help the economy get going again.

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November 17, 2020
Market Commentary - 11/16/2020

Vaccine can be a powerful word. It’s worth 14 points in Scrabble (42 on a triple word square) and, last week, it was worth a whole lot more than that to financial markets. On Monday, a pharmaceutical company and a biotech company announced preliminary trials of their vaccine show it may be 90 percent effective, […]

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November 9, 2020
Market Commentary - 11/9/2020

It’s said markets hate uncertainty, but that wasn’t the case last week. Despite tremendous uncertainty about the outcome of the United States election, major domestic and international stock indices moved higher and the CBOE Volatility Index, better known as Wall Street’s fear gauge, moved 35 percent lower. Ben Levisohn of Barron’s reported: “By all accounts, […]

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November 3, 2020
Market Commentary - 11/3/2020

Last week, financial markets and economic data told very different stories. Reviewing economic data is a bit like looking in a rearview mirror. Typically, it offers information about what is behind us. For example, last week we learned: The U.S. economy grew by 33.1 percent during the third quarter of 2020. Strong growth helped boost […]

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October 27, 2020
Your Retirement Savings and Change in Employment

Whether you leave an employer for a wonderful new opportunity or lose a position because of the pandemic, it’s easy to forget about the money you have saved in your retirement plan.

Sometimes, retirement plan savings can stay in a previous employer’s plan. Other times, your money can’t stay in the plan, and you need to take action or your employer may move your money. The circumstances depend on the type of plan the employer offers and the amount of money you have in your account.

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October 27, 2020
Market Commentary - 10/26/2020

Stimulus talks led investors in a merry dance last week.
So far in 2020, stock markets have been sensitive to fiscal stimulus. Last week, there was optimism a new stimulus package could be negotiated before the election. There also was skepticism about whether it would happen. An expert cited by CNBC stated, “There’s a lot of back and forth on stimulus and every headline makes the market move a little bit, but there’s no follow-through because we don’t have a clear picture on that front.”
Economic data didn’t provide a clear picture either. Some data points suggested economic recovery was continuing, while other information indicated the pandemic was impeding economic growth.

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October 20, 2020
Market Commentary - 10/20/2020

It was a turbulent week for investors.

Waves of positive and negative news buffeted financial markets last week.

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