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Why Are Stocks Still Rising?

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 for the equity market’s resilience, but we will pick just two of these. First, the markets are not looking at today, but the future. And those buying stocks are predicting a brighter future. To that end, the stock market has a history of doing well in troubled times, with many analysts citing 1968 as an example. The year 1968 was a year of escalating war, assassinations, civil unrest and more. Yet stocks that year rose almost 8.0%.

real estate investing

Secondly, the medicine the Federal Reserve has applied to the system favors stocks. Record low interest rates discourage investors from parking cash. They are looking for greater returns and, in the long run, stocks have provided those returns. You might ask, what about the average American, who is likely to be a bit more risk-averse in today’s challenging environment? Are consumers that bullish on the stock market?

We would argue that the average American is also bullish about the future. But they are taking the Fed’s medicine and using it to purchase homes instead of stocks. If you want to look at one investment that is even hotter than stocks, it is real estate. Recently, a Gallup poll confirmed this concept. The poll showed that real estate was the number one long-term investment favored by Americans and stocks came in a distant second. Thus, the big institutions are buying stocks, but the average consumer is putting their money in a place they can call home — at record low interest rates. 

Source:  Origination Pro   

Current market conditions are considered ideal for real estate investing and home mortgage refinance. Call your trusted experts at Amerimutual Mortgage to discuss your options.

718-943-9200

Queens Mortgage Broker

NY MUTUAL LLC DBA AMERIMUTUAL MORTGAGE | 18-33 41st Street, 2nd Floor, Astoria, NY 11105 | NMLS # 148477. Registered Mortgage Broker – NYS Department of Financial Services

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Testimonials

Ninfa Brusca

Philip and Benny Loria were very knowledgeable and professional. They exceeded all our expectations and were a pleasure to work with. They were both were just genuinely nice guys. They listened to all our concerns and did everything in their power to accommodate our needs and make feel comfortable throughout the whole mortgage process. I recommend Amerimutual Mortgage to anyone who is looking for a mortgage.

Tuckahoe, NY

Joe D.

Philip Loria made the mortgage process quick and easy, and also found ways to save us money. He was always on top of things, very accessible, and his communication is top notch. I will recommend Philip Loria and Amerimutual Mortgage highly to any of my friends, family or colleagues.

Long Island, NY

Lenny P.

Richard, I wanted to thank you for all your help and hard work. I am so glad our refinance was a success. You were very diligent and dedicated to getting me the best rate possible. I truly enjoyed working with you and will recommend your services to all our friends and family.

Rye, New York
Occupation: Real Estate Development

Nick Tsatsaronis

Philip Loria, assisted me with my refinance. Thank you so much for all of your time and hard work. You made refinancing my house easy and stress free. I wouldn’t recommend anyone else. I will definitely use Amerimutual Mortgage for any future needs, and recommend them to anyone who needs a mortgage.

Flushing, NY

Vincent M.

I can’t express enough my gratitude to Richard Jamesley for walking me through the whole refinance process and keeping me informed every step of the way. Richard explained every step in detail, was very communicative, diligent, and prompt. We would definitely recommend you to our friends & anyone needing a mortgage.

Whitestone, NY
Occupation – Contractor

Dominick P.

Being a first time home buyer, the process was very foreign to me. Richard Jamesley could not have been more helpful and patient along the way. He explained every step in detail, was professional, straight to the point, and helped me with all aspects of buying my home. He was always there to answer any of my questions. Not only did he make the process quite easy , he helped to get me a great interest rate. I recommend Richard Jamesley without reservation. Amerimutual Mortgage will be my first and only call if I buy another house.

Bayville, Long Island, NY

Salvatore L.

Philip, I would like to thank you for carefully walking me through the loan process and calming my fears and uncertainties. Philip was very professional and his expert advice was critical to my success. You went above and beyond and kept me well informed. I highly recommend you and your company to everyone seeking financing for their property.

Beechhurst, NY
Occupation – Real Estate Manager

Rocco Buffolino

As a first time home buyer it was nice to have people as helpful as Philip Loria and Benny Loria. Our experience was wonderful. Philip was very knowledgeable, professional, and demonstrated an expertise which put us at ease during the purchase of our home. He took the time to answer all our questions and we feel he went above and beyond for us. I highly recommend Amerimutual Mortgage.

Westbury, New York

Carol Gudura

Richard Jamesley was a pleasure to work with. He is very smart, helpful and just willing to help in any way he could. Richard helped walk me through each step of the process and kept me well informed. He is a true asset to you company.

Malba, NY

George Poulakis

My refinance experience with Amerimutual Mortgage and their affiliates was above expectations.  Amerimutual Mortgage knows what they are doing and provides excellent customer service. Thank you all so much for all of your time and hard work.

College Point, New York
Occupation – Electrician

Eli N.

Benny and Phil were great to work with! they assisted us in every aspect of the process even when it wasn’t their job. They explained every step and guided/advised us on the best course of action. Their fees were more than fair and their integrity was at a level far above ANY lawyer or mortgage broker we have ever dealt with.

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    NY MUTUAL LLC DBA AMERIMUTUAL MORTGAGE | 18-33 41st Street, 2nd Floor, Astoria, NY 11105 | NMLS # 148477. Registered Mortgage Broker-NYS Department of Financial Services - All mortgage loans arranged with third party providers.

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