September 14, 2020

The Markets Last week, the Nasdaq Composite Index set another record. So far, 2020 has been memorable for many reasons, not the least of which is the incredible speed at which some events have been occurring in financial markets. This year, we’ve experienced: The end...

September 8, 2020

The Markets Stock markets in the United States retreated a bit last week. U.S. stocks have been trending higher for months. Last week, they gave back some gains. The Nasdaq Composite dropped 3.3 percent, while the S&P 500 Index fell 2.3 percent, and the Dow lost...

August 31, 2020

The Markets The stock market rallies like it’s 1986. August has been a good month for stock investors. At the end of last week, the S&P 500 Index was up 6.8 percent for the month. The Index is poised to deliver its best returns for the month since 1986, when it...

August 24, 2020

The Markets The shortest bear market in history is over. The Nasdaq Composite and Standard & Poor’s 500 Indices finished at new highs last week. The stock market is considered to be a leading economic indicator, so strong stock market performance suggests economic...

August 17, 2020

The Markets The Standard & Poor’s (S&P) 500 Index finished the week within a whisker of its February high, reported Randall Forsyth of Barron’s. It’s a remarkable feat. The stock market has recovered in just 175 days. Historically, comparable recoveries (those...

August 10, 2020

The Markets There was good news and bad news in last week’s employment report. The good news was the U.S. Bureau of Labor Statistics delivered better-than-expected data about employment. In July, the U.S. economy added about 1.8 million new jobs. That’s about 300,000...