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24 Apr 2020 A Quick Update

Posted at 09:43h in The Friday Brief by Geoff Hall, CFP®, RICP®

We’re wrapping up an historic week for the US economy. On Monday, the unthinkable happened when oil prices dropped below $0 a barrel for the first time ever. On Thursday, the US Labor Department announced an additional 4.4 million first-time claims for unemployment, effectively wiping out...

17 Apr 2020 Reawakening the Sleeping Giant

Posted at 11:25h in The Friday Brief by Sam Bass Jr.

“I fear all we have done is awaken a sleeping giant.” Japanese Admiral Isoroku Yamamoto when their attack on Pearl Harbor was completed In February, when the US coronavirus outbreak started, our workforce reached a high of 164.6 million workers. Since then, close to 30 million, or...

10 Apr 2020 Should You Refinance Your Mortgage? Here’s Why Emily and I Did.

Posted at 08:02h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

In today's brief we're taking a break from discussing the current state of the economy and the stock market, two things out of our control, to turn our attention to something we can control: the interest rate on our mortgage. This isn't to diminish COVID-19...

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...