What to Expect During the Covid-19 Recession
COVID-19 has certainly taken 2020 down a path of subsequent economic shutdowns, uncertainty, unemployment ups and downs, and now has resulted in a “COVID-19” recession. So, what is the difference between a normal recession to the one we are experiencing? Is there really a difference or are some just adding a “spin” to it?
Create A Plan That’s Right For You
There’s so much uncertainty in the world today. It is as if we just hit a big pause button. I thought it would be good to share the question that clients most frequently ask, namely “Are there any changes that we should make to our portfolio at this time?” Now, that’s a fair question and one that I recommend clients reflect upon regularly.
Social Security & Your Retirement Benefits
When is the appropriate time to start your Social Security benefits? What things should you know before you apply for these benefits? These are both important questions. Understanding the entire Social Security process can be overwhelming.
Is the Covid Pandemic Triggering Your Financial Stress?
So much uncertainty right now. Every day brings different information that can impact your state of mind, anxiety levels, and stress you out. The Kaiser Family Foundation reported in a recent poll that nearly half (45% ) of the US adults have reported their mental health has been negatively impacted due to worrying over the COVID pandemic. How do you take hold of your stress and bring it down to normal levels?
Coronavirus Miscalculating Risk
I hope you and your loved ones are well. These are scary times with the bombardment of information that comes at us from all directions. Fear motivates people the most, and I believe the media outlets use this to some extent to advance their own agenda whether it be for profit or political motivation. In speaking with hundreds of people, I believe we tend to fall somewhere in the middle on most of the issues. I am continuously reading and listening to different points of view about the impacts that coronavirus has on our health and economy.
Coronavirus Update & Economic Outlook
Listen to BRIAN WESBURY, Chief Economist | First Trust as he reviews the latest data on the Coronavirus, shares his insights on current events and discusses the potential impact on the economy and financial markets. 04/22/2020
Join me for a LIVE market update with BlackRock CEO, Larry Fink Thursday, April 23, 2020 at 11:00 AM Arizona Time
These are unprecedented times in the market and the world. I am often asked about our expectations for the market going forward. I am fortunate to have incredible partnerships and relationships with world-class investment firms. BlackRock is the world's largest money manager they supply us with research and analysis for our portfolios. Much of our market insight is driven by BlackRock's analysis.
Larry Fink, BlackRock's CEO, has agreed to do a web conference on the state of the markets for clients and other guests. If you are interested to learn about where BlackRock feels the market will go from here, I encourage you to join us.
Post Easter Economy - “The Road to Recovery”
Listen to BRIAN WESBURY, Chief Economist | First Trust as he reviews the latest data on the Coronavirus, shares his insights on current events and discusses the potential impact on the economy and financial markets. 04/15/2020
Coronavirus Contradiction
Listen to BRIAN WESBURY, Chief Economist | First Trust as he reviews the latest data on the Coronavirus, shares his insights on current events and discusses the potential impact on the economy and financial markets. 04/08/2020
Recovery: V-Shaped Or U
As testing ramps up in the United States - and reported cases grow along with it – many are asking if there is any end in sight. While the disease wreaks damage on people around the world, the response to contain brings with it very real consequences too. The longer the shutdown lasts, the deeper the impact on the economy, the slower the recovery will be.
Words Of Wisdom For Any Crisis
Emotions can run rampant during the COVID-19 pandemic. It is critical that we keep our emotions in check. Making rash decisions as we muddle through the news, media, and the latest reports of the markets and virus won’t benefit you.
I came across this article written by Retired Navy Seal Andy Stumpf who was a member of the most elite counterterrorism unit in the military, SEAL Team Six.
Stick To The Plan
Tune Out The Noise
Two Invisible Threats
We are fighting one invisible enemy that has dominated the news – and our lives – over recent weeks.
The response to the coronavirus has been unprecedented. The impact on the economy, unequaled in decades.
First Trust's Head Economist Brian Wesbury Coronavirus Market Update
I came across this video today on the Coronavirus, the economy, and the markets and wanted to share it with you.
How To Handle Market Declines
I came across this article on market volatility and wanted to share it with you. It discusses how to handle market declines.
“Is It Different This Time?”
It is difficult if not impossible to hide from the negative headlines. It feels like you are in the pouring freezing rain with no umbrella and no shelter in sight. So the question persists, is it different this time?
Monday's Market Volatility
We are taking precautions for the Coronavirus
We understand that this is a stressful time for everyone, and we want to be available to meet with you. While no one in our office is or has recently been sick, and clearly, we have not tested positive for Coronavirus (Covid-19), we want to take precautions for our safety and that of our clients.
Reasons To Be Positive About The US Coronavirus Fight
I came across this article today and wanted to share it with you. It discusses the reasons to be positive about the US Coronavirus Fight.
Tune Out the Noise
It is never fun to be surrounded by fear, but when it comes to your financial situation we have prepared for times like this. Your portfolio is based upon our discussions about risk and time frames of use of funds. Your investments are diversified over stocks, bonds, and cash. If you are taking income we have set up those reserves to cover you. At this time my recommendation is to tune out the noise.
Grappling with the Coronavirus
In your investing lifetime, you may only see a situation like the recent novel coronavirus (COVID-19) a few times. This is a circumstance where complete candor is necessary. The truth is that we can’t yet gauge the full economic impact, and by the time we can, the volatility may have passed.
It’s important to remember that, in terms of market declines, the recent drop isn’t unprecedented. In fact, in the last six day-to-day declines of 3% or greater, the market rebounded higher a month later. Past performance is no indication of future returns, and it’s uncertain whether history is a good teacher in this instance.1
Have you read the news lately regarding the Coronavirus and whether it could impact the markets?
Coronavirus is a virus that causes respiratory illness to those who have it. In December 2019, the new strain was reported in Wuhan, the 11th largest city in China – about 11 million people. Until this week, we had not seen too much market impact; however, on Monday the Dow Jones & S&P both dropped over 3% wiping out the gains for the year.
Arizona Tax Credits - There is Still Time!
The New Year is here, but you may still have time to make a donation to an approved Arizona Tax Credit Program Charity and get the dollar-for-dollar relief on your 2019 Arizona State taxes. Remember always consult a tax consultant when regarding your taxes. Everyone’s situation is different and we always what you be the most informed prior to taking action.
Your Financial New Year’s Resolution?
The new year is here, and the question is; What is Your Financial New Year’s Resolution? And no, it should not be winning the lottery, but if you do win this year, let me know!
Click on the button to read the document I came across that gave an understanding on financial perspectives going into 2020.
BLACKROCK: Student of the Market
Last week I sent you BlackRock’s 2020 Quarter Global Outlook video. I hope you had an opportunity to watch it and gain insight on how their Chief Investment Strategist Mike Pyle shared three themes that they are seeing shape markets and portfolios this year. Today I wanted to share their “Student of the Market” piece.
BLACKROCK: 2020 GLOBAL OUTLOOK
Check out their 2020 Quarter Global Outlook Video that came out this month. Their Chief Investment Strategist Mike Pyle shares three themes that they are seeing shape markets and portfolios this year in a two-minute video. As your financial advisor, I want to ensure you are always informed and if you have any questions, contact me today.