consumer spending

Weekly Update

Markets Reflect the Coronavirus Impact


Published October 30, 2020

Stock markets this week gave up their October rally effort, sinking back to roughly where they began the month. The lack of a government stimulus package took away some of the wind in the market’s sails. European economic restrictions, seeking to limit a resurgence of the coronavirus, took away the rest of that wind. Investors chose to reduce risk. (more…)

Uncategorized, Weekly Update

Is the Recent Rally on Shaky Ground?


Published May 8, 2020

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The following recent commentary from Liz Ann Sonders at Charles Schwab highlights some of the issues associated with the recent rally. Here is Ms. Sonders’ analysis:

“The speed with which the U.S. stock market went from all-time highs to deep bear market territory broke all historical records. Then the rally that ensued was one of the fastest “new bull markets” ever in history; allowing the month of April to be the strongest since early-1987. Given the weaker start to the current month, expect to hear louder chants of “sell in May and go away.” (more…)