Monday April 4th – This Week on Wall Street – Special Update: Quarterly Report

The Week on Wall Street Modest declines in stock prices this week masked the volatile inter- and intraday price swings as investors digested poor economic data and a warning from the president that the worst days of the COVID-19 pandemic may still lie ahead. The Dow Jones Industrial Average slipped 2.70%, while the Standard & […]

Read More Monday April 4th – This Week on Wall Street – Special Update: Quarterly Report

April 1st – Education Corner – Key Provisions of the CARES Act

As I’m sure you know, the $2 trillion “Coronavirus Aid, Relief, and Economic Security” (“CARES”) Act was recently signed into law. The CARES Act is designed to help those most impacted by the COVID-19 pandemic, while also providing key provisions that may benefit retirees.[1] To put this monumental legislation in perspective, Congress earmarked $800 billion […]

Read More April 1st – Education Corner – Key Provisions of the CARES Act

Monday March 30th – This Week on Wall Street – Congress Approves Stimulus

An open-ended commitment by the Federal Reserve to support American businesses and capital markets along with the passage of a $2 trillion aid package improved investor sentiment and drove a strong rally in stock prices.   The Dow Jones Industrial Average jumped 12.84%, while the Standard & Poor’s 500 gained 10.26%. The Nasdaq Composite index […]

Read More Monday March 30th – This Week on Wall Street – Congress Approves Stimulus

March 25th – Education Corner – How Women Can Prepare For Retirement

When our parents retired, living to 75 amounted to a nice long life, and Social Security was often supplemented by a pension. The Social Security Administration estimates that today’s average 65-year-old woman will live to age 86½. Given these projections, it appears that a retirement of 20 years or longer might be in your future., […]

Read More March 25th – Education Corner – How Women Can Prepare For Retirement

Monday March 23rd – This Week on Wall Street – More Coronavirus Volatility

The Week on Wall Street The stock market suffered through another volatile week as it wrestled with the health and economic fallout of the domestic spread of the coronavirus. Swift and decisive actions by the Federal Reserve and policy responses from the federal government did not keep stocks from recording losses for the week.   […]

Read More Monday March 23rd – This Week on Wall Street – More Coronavirus Volatility