The Coronavirus Aid, Relief, and Economic Security (CARES) Act, a wide ranging fiscal relief package aimed at helping Americans confront the economic challenges brought on by the Covid-19 pandemic, contains a series of unprecedented maneuvers including the much discussed stimulus check provision and the Paycheck Protection Program (PPP). While these two features of the… Read more »
The Macro View
Over the last 8 weeks the world has changed. The exact changes are not yet known but certain probabilities that impact long-term financial planning have shifted. We believe these changes have made ROTH conversions a more important strategy than ever for young savers looking to reduce their future tax burden and for older savers looking to maximize wealth transfers to their kids…. Read more »
The stock market is down another 2% today after the S&P 500 had already fallen a combined 6% on Monday and Tuesday. As you probably know, the reason behind the market’s recent swoon is growing global concern about the potential impacts of the coronavirus and its spread outside of China to Europe and here… Read more »
Performance Snapshot: TICKER SECTOR Jan-20 IEF TREASURIES 3.47% LQD CORPORATES 2.45% AGG BARCLAYS AGG 2.03% MUB MUNICIPALS 1.66% HYG HIGH YIELD -0.47% Sector Summary: US Treasuries: Treasury bonds kicked off 2020 with a strong rally in prices as global uncertainty escalated from dormant levels. Significant headline risk caused a volatile month for stocks, leading investors to… Read more »
Performance Snapshot: TICKER SECTOR Dec-19 YTD 2019 LQD CORPORATES 0.53% 17.37% HYG HIGH YIELD 1.91% 14.09% AGG BARCLAYS AGG -0.05% 8.46% IEF TREASURIES -0.93% 8.03% MUB MUNICIPALS 0.26% 7.06% Sector Summary: US Treasuries: The downtrend in Treasury bond prices continued into December as global equities and risk assets rallied strongly into the close of 2019. Treasury… Read more »