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03 Apr 2020 What the CARES Act Means For You

Posted at 08:00h in The Friday Brief by Jared Korver, CPA, CFP®

Yesterday morning at 8:30am the Labor Department released the absolutely bewildering number of last week's initial jobless claims: 6.6 million. The week before that it was 3.3 million. These numbers are so high (and likely to go much higher) that it's hard to put them...

27 Mar 2020 Where We Are

Posted at 09:25h in The Friday Brief by Geoff Hall, CFP®, RICP®

The stock market has enjoyed three straight days of gains after the Senate passed a massive economic stimulus bill in an effort to cushion the U.S. economy from the impact of the coronavirus outbreak. The stimulus bill will now head to the House, which will...

20 Mar 2020 Physical Distancing, Not Social Distancing

Posted at 12:22h in The Friday Brief by Sam Bass Jr.

The US economy is in peril and this time it's Main Street in trouble, more than Wall Street. The largest economy in the world is shutting down with increasing speed as federal and state officials issue new guidelines and requirements on individuals and businesses to...

13 Mar 2020 We Are in a Bear Market

Posted at 14:00h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

Yesterday, we officially entered a bear market when the stock market closed more than 20% from its recent February highs. On average, we experience bear markets every three years, but this one stands out in the speed with which we entered it. In fact, it’s...