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 […]
2018 Q3 Market Update
The third quarter saw some market volatility as the economy responded to global uncertainties. In the U.S., tax cuts and fiscal stimulus led to a healthy U.S. economy overall, and a stronger dollar. The economy around the world continues to grow, though slower than it was in 2017. Some global economies have been negatively impacted […]
2018 Q2 Market Update
This is my Q2 market update for 2018, and it was yet another interesting quarter. President Trump pulled out of the Iran Deal, met with Kim Jon Ung of North Korea, the NASDAQ climbed to record highs and inflation continued to rise. The U.S. market update is that they performed fairly well over this last […]