by NovemAdmin | Aug 31, 2020 | commentary
The Markets The stock market rallies like it’s 1986. August has been a good month for stock investors. At the end of last week, the S&P 500 Index was up 6.8 percent for the month. The Index is poised to deliver its best returns for the month since 1986, when it...
by NovemAdmin | Aug 24, 2020 | commentary
The Markets The shortest bear market in history is over. The Nasdaq Composite and Standard & Poor’s 500 Indices finished at new highs last week. The stock market is considered to be a leading economic indicator, so strong stock market performance suggests...
by NovemAdmin | Aug 18, 2020 | commentary
The Markets The Standard & Poor’s (S&P) 500 Index finished the week within a whisker of its February high, reported Randall Forsyth of Barron’s. It’s a remarkable feat. The stock market has recovered in just 175 days. Historically, comparable recoveries...
by NovemAdmin | Aug 12, 2020 | commentary
The Markets There was good news and bad news in last week’s employment report. The good news was the U.S. Bureau of Labor Statistics delivered better-than-expected data about employment. In July, the U.S. economy added about 1.8 million new jobs. That’s about 300,000...
by NovemAdmin | Aug 3, 2020 | commentary
The Markets Last week delivered a mixed bag of financial and economic news. As many expected, the U.S. economy did not fare well during the second quarter. COVID-19 lockdowns and business closings caused productivity to fall by one-third. Real gross domestic product,...
