Last week marked the first negative week for the S&P 500 Index in 2020. The downturn was primarily driven by trading Friday afternoon when the Centers for Disease Control and Prevention confirmed the second case of coronavirus in the U.S. Events like coronavirus are impossible to predict, and frankly, well beyond the scope I can […]
Another week, another record high recorded for the S&P 500 Index. China was once again the center of attention, but this time it was a positive influence. The U.S. and China finally signed their Phase One trade agreement in Washington, D.C., on Wednesday. Markets are hoping this will result in less friction between the two […]
The first full week of the new year was full of potential volatility, but it continued with the trend of 2019 as the S&P 500 Index continued to grind higher. This is all despite geopolitical events that indeed could have launched a market decline. The week ended with December’s jobs report, which showed the fourth […]
Rather than review the shortened holiday week, let’s look back at 2019. Last year saw gains in just about every asset class. Even commodities posted a positive return, marking only their fourth year of positive performance for the decade. Bonds produced their strongest year of the decade, benefitting from the 0.77% drop in the 10-Year […]
Get organized Determine which assets may skip the probate process Probate for Small Estates Formal probate process PA Inheritance Tax Tables: 2020 Federal Estate Tax Table The process of settling an estate involves naming a personal representative, collecting estate assets, filling appropriate forms with the Register of Wills, notifying heirs, providing a public notice, paying […]
Last week continued the impressive run of the S&P 500 Index as it closed Friday at another all-time high. This time last year, we were in the midst of a fourth-quarter correction, which bottomed on Christmas Eve. A year later and we see fears from earlier in the year disappear, and the stock market trading […]
From elections in the UK to central bank meetings and finally an agreement on phase one of the U.S. and China trade deal, last week was packed with market-moving events. The announcement of a phase one agreement sent the S&P 500 Index to close at an all-time high Thursday and at one point, looked to […]
The soap opera that is the trade war continued with another episode last week when more potential tariffs were announced. Drama also ensued when President Trump announced a China trade deal could be postponed until after the 2020 Presidential Election. Fortunately, a solid jobs report was published Friday and helped the markets finish the week […]