The first quarter of 2020 started and ended in very different places. 2019 finished on a strong note, and we started the year with confidence in the year ahead. Of course, we know that the economy goes through cycles of growth and contraction, and we were overdue for a downturn. The U.S. was in the […]
Laid Off or Furloughed Due to the Coronavirus? What to do Next
The rapid spread of COVID-19 in the U.S. led to a dizzying halt of our economy in March. Since then, more than 20 million Americans have been laid off or furloughed. Additionally, some companies are offering packages for employees to leave voluntarily. If you find yourself in one of these situations, it can be very […]
How to Invest Your Way Through a Recession
The lightning-quick economic halt we’re experiencing due to the coronavirus pandemic means a recession is highly likely for the U.S. Recessions are periods of economic decline that include an increase in unemployment and a drop in the stock market, the housing market, and the GDP for two or more quarters. But this particular recession would […]
2020 Economy: Navigating the Pitfalls and Opportunities
While Covid-19 has the world in its grasp, the markets are fluctuating rapidly. Governments are working to prevent economic collapse, and many people are wondering how – or if – they should respond. First, let’s take a look at what factors are most affecting the markets right now: Covd-19 and the 2020 Economy The novel […]
2019 Economy: Financial Recap and Looking Ahead
As 2019 winds down, the financial waters are still relatively calm and the mood is optimistic. After all, there was a lot of good going on in the 2019 economy. There were 266,000 new jobs added in November, and the unemployment rate was at 3.5%. Stocks have been at an all-time high. Long-term government bonds […]
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