October 13, 2020 Previously, we mentioned that there will be no more monthly jobs reports before the Presidential Election. In addition, the Federal Reserve Board’s Open Market Committee will not be meeting in November. Coincidentally, they meet again the day after the election. Thus, this period is sometimes known as the quiet period before the […]
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August 11, 2020 Last week when the first measure of economic growth came out for the second quarter, we acknowledged that this was a picture of how bad things became during the depths of the shutdown. At the end of the last week we witnessed a reading which gives us information regarding how long these […]
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August 4, 2020 It is the general consensus that the bottom of the economy was the second quarter of this year. The contraction was expected to be severe as the economy virtually shut down during several weeks of this period. How severe? Just giving a perspective, the largest annual decline in economic growth (GDP) during […]
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July 28, 2020 We have just finished one of — if not the weakest — quarter in history. The corona virus is still raging. Millions have lost their jobs. Yet the stock market continues to rise, recovering from its lows hit early this year. Thus, the question is — why? There are many possible explanations […]
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July 21, 2020 As we assess the many effects of the pandemic on our everyday life, we are also looking at long-term trends that may be with us for years. Many of these are well documented. For example, it is expected that a greater percentage of the population will work remotely in the future. This […]
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April 14, 2020 As dismal as the March unemployment numbers were, we know that this is just a preview of what is to come. The question being bantered about by market analysts is — how high will unemployment become? Let’s take a look at the numbers. Let’s say 10+ million filed for unemployment in the […]
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March 31, 2020 Each passing week, the measures which are implemented to slow the spread of the coronavirus are placing strains on the American and world-wide economy. It is no longer the travel industry which is in the forefront. Now all industries are being hit — from retail to service industries. Those who are selling […]
Read MoreMarch 24, 2020 Believe it or not, we started the year quite smoothly. Yes, we were expecting some excitement due to the fact that we had a Presidential election coming our way. Little did we know that the primaries would take a back-seat to something much larger. It took just a few weeks to go […]
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March 10, 2020 Even before we saw the jobs report, the Federal Reserve decided to step in with an “emergency” rate cut in response to the coronavirus crisis before their next scheduled meeting. Even though we have not seen many negative reports on the economy, the Fed saw what was on the horizon. The only […]
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February 18, 2020 There have been plenty of headlines in 2020 and it is only mid-February. The virus scare has died down a bit in the markets, though this is no indication that the threat of the virus has gone away. It just seems that these events can only hold the attention of the markets […]
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