2020 will be a year many Americans will want to forget, and rightfully so. Record unemployment, tragic loss of human life and people trapped at home with no where to go. No doubt, there is good news and bad news on the horizon.
Slowing, Not Shrinking
As the U.S. expansion draws closer to becoming the longest on record, a number of economic and political risks have emerged or intensified in recent months, leading to global equity market weakness.
Fire and Fury
The S&P 500 officially entered correction mode this week, pulling back approximately 10 percent from the January highs.
Fovinci Quoted in Forbes
A White House in Turmoil, The Fed Shifting Policy: Treasuries Are Actually Calm About It
For all the turmoil roiling Washington, D.C. from the Federal Reserve to the White House, and Treasury bonds, typically a go-to segment of the financial markets when you’re looking for a pessimistic take on the day’s affairs, appear unusually placid.
All Quiet on the Western Front
In a week full of geopolitical news, the market showed a bit of malaise. The S&P 500 posted a small loss of 0.4 percent. Bonds were similarly docile with the 10-year U.S. Treasury ending the week off two basis points at 2.3 percent.
Take Your Time, Do It Right
As we came into the week, markets were continuing to sell off in response to the U.K.’s vote to leave the EU. After falling 1.8 percent on Monday, the S&P 500 began to rally on Tuesday. Through today, the market was up over 3 percent this week. International stock marke
Keep Calm and Carry On
Great Britain threw financial markets a curve ball last night in voting to exit the European Union, with 52 percent of voters electing to leave the 28-nation economic block. In the days leading up to last night’s vote, equities and commodities
When Yellen Speaks, the World Listen
Stocks finished the week off by only 0.80 percent, recovering some of the losses suffered Thursday after the Fed voted to keep interest rates unchanged. Similarly, the Bank of Japan and Bank of England are also maintaining their monetary