36 Search Results for: covid
-
Market Commentary: S&P Continues Decline, but Home Sales on the Rise
The S&P 500 declined for the fourth straight week. On Wednesday, the index of large U.S. companies had declined just more than 9.5% but rallied late in the week. The S&P 500 is 7.8% below its Sept. 2 high. The four-week decline has matched the characteristics of a price adjustment after a large run-up in markets.
Read more -
Charitable Gift Planning Strategies for 2020
Charitable Gift Planning Strategies for 2020 Charitable gifts can make a significant impact on your community and your tax situation – especially in 2020. If you are in a situation where you can give a charitable gift this year, this webinar is for you. You’ve probably received hundreds of emails about these unprecedented times. COVID-19 has brought more changes than we can count – some bad, some good. Let’s talk about how we can maximize our charitable inclinations to make the most of these changes. Watch Jamie Hopkins, Director of Retirement Research at Carson, lead this telling webinar, “Charitable...read the full article
Read more -
Market Commentary: Restaurants are Rebounding, but S&P Still Lags
Retail sales figures continued a string of economic data pointing toward slowing growth accompanied by a gradual reopening of state economies. Consumers seem willing to take some risks. Retail and food service sales rose 0.6% last month. (See Chart 1.) Increased sales at restaurants contributed most to the monthly gains.
Read more -
Market Commentary: The S&P fell for the Second Week Straight and Inflation Rises
Stocks continued to retreat as losses on Tuesday were large enough to push the market down more than 2% for the second week in a row. The S&P 500 has retraced 6.7% of its massive rally from the lows in March.
Read more -
Market Commentary: Sharp Decline in S&P 500 Could Signal More Volatility
Investors were reminded stock investing comes with volatility as the S&P 500 dropped 3.5% on Thursday and declined 2.3% for the week. The downside pressure was felt most directly by stocks that had performed best. Figure 1 shows the best performing stocks this year (furthest to the right) lagged during the downturn (closest to the bottom).
Read more -
How to Invest Creatively in Your Fall Vacation this Year
Sneaking away during the lull between peak times – “the shoulder season” – is popular with savvy travelers for reduced crowds, milder weather and usually great deals on travel packages.
Read more -
How to Make Charitable Giving Part of Your Financial Plan
COVID-19 caused an economic shockwave that we’ll feel for a long time. Nonprofits, from large global networks to the local churches, have been hit hard, too. In a recent survey of 110 nonprofits, 80% of them said revenue had fallen across the board.
Read more -
Weekly Market Commentary: The S&P Sets Recovery Records, Housing Market Showing Gains
The S&P 500 continued to march higher, rising 0.8% last week. Excluding dividends, the index of large-cap U.S. stocks reached a new record. Some investors prefer this measure for determining when bear markets end. By almost any measure, the S&P 500 is no longer in a bear market.
Read more -
Market Commentary: Economic Recovery May Slow After Sharp Early Rebound
U.S. economic data last week supported the view the U.S. is entering a period of slower economic growth after a sharp recovery in May and June. Mandatory and voluntary social distancing efforts limit how quickly the economy can recover when certain segments, such as restaurants, are still struggling.
Read more -
Market Commentary: Employment Numbers Beat Expectations as S&P 500 Nears February High
The U.S. economy added 1.8 million jobs in July as hiring momentum in the service sector allowed many workers to reclaim lost jobs or get new ones. The pace of hiring slowed compared to gains of 2.7 million and 4.8 million in May and June. The slowing growth reflects consumer caution as new virus cases surge and the slowing pace of economic reopening.
Read more