Tag: financial advisor charlotte nc

Market Update: Friday, April 3

Apr 3, 2020

Market Update
Market Update

“Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, reach for a bucket.” —Warren Buffett (more…)

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When Bear Markets Bounce

Mar 30, 2020

Stock Markets Bear Bull
The recent bounce has bulls feeling pretty good given how bad they felt just a week ago

The big equity bounce has continued, with the S&P 500 Index up more than 17% from the multi-year lows hit last Monday. The big question on many investors’ minds is could this be a bear market rally? After all, some of the most spectacular short-term bounces took place during bear markets. (more…)

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Will the Fed’s Bold Moves Keep Bond Yields Up?

Mar 27, 2020

Bond Yield Rates Increasing
It is logical to think that the incredibly bold moves from the Fed will help keep yields down.

With the major stock market indexes all entering a bear market this month, it’s no surprise that stocks have stolen most of the spotlight. However, actions taken by the Federal Reserve (Fed) to support what may be considered the safest part of the bond market, US Treasuries, may actually have more lasting implications for investors’ portfolios and bond yields. (more…)

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Market Update: Thursday March 26, 2020

Mar 26, 2020

Market Update
Market Update

Sell the news. Stocks reversed earlier losses this morning and traded higher this morning after the Senate approved the roughly $2 trillion fiscal stimulus package and markets digested the unprecedented surge in weekly jobless claims. Wednesday’s gains marked the first two-day win streak for the S&P 500 Index in more than a month, after tying its longest streak without back-to-back up days since WWII. Stocks held up relatively well immediately after the historic weekly jobless claims report was released today at 8:30 a.m. ET, further evidence that a recession had already been priced into markets.

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Making Sense of Skyrocketing Jobless Claims

Mar 26, 2020

jobless layoff claims
The personal and economic disruptions represented by the latest new jobless claims number are staggering

Weekly new jobless claims were reported this morning, and to no one’s surprise they rose to levels thought unimaginable just a few weeks ago. As shown in the LPL Chart of the Day, 3.3 million people filed new claims for unemployment benefits in the week ending March 21, almost 5 times the previous high of 695,000 set in 1982. (more…)

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Time In The Market Versus Timing The Market

Mar 24, 2020

market timing
Timing things incorrectly can really set you back

The incredible market volatility continues, with the S&P 500 Index now in one of its worst bear markets ever, along the way making the quickest move from an all-time high to down 30% at only 22 days. What is a long-term investor to do? (more…)

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Market Update: Tuesday, March 24

Mar 24, 2020

Market Update
Market Update

Stimulus prospects help lift global markets. S&P 500 Index futures hit their “limit up” circuit breaker of 5% overnight following Monday’s losses while major Asian and European indexes posted gains. Extraordinary measures by the Federal Reserve (Fed) to backstop the economy and progress on an approximately $2 trillion fiscal stimulus package by Congress, along with oversold conditions, are the primary drivers of the bounce. While most of the conditions for a durable rebound that we have outlined in our Road to Recovery Playbook have been met, uncertainty remains high, and we know historically that bottoming has been a process. (more…)

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Market Drama and The Road Ahead

Mar 9, 2020

What lies ahead road sign speed limit
What happened over the weekend that led to the sell off?

On October 16, 2008 in an editorial for The New York Times, Warren Buffett, considered by many to be one of the greatest investors of his generation, repeated one of his favorite maxims: Be fearful when others are greedy and greedy when others are fearful. The market would subsequently see considerable losses before reaching their lows almost five months later on March 6, 2009. Buffett didn’t call the bottom, and there were still gains to be made for highly tactical investors who were betting against stocks. But looking back on Buffett’s remarks today, the advice was quite prescient. (more…)

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Solo 401(k)

Mar 6, 2020

solo 401k clipart man money bag
A retirement investment vehicle designed for small businesses

Do you work for yourself? Then you may want to consider the solo 401(k), which marries a traditional employee retirement savings account to a small-business, profit-sharing plan. To have a solo 401(k), you must either be the lone worker at your business or its only full-time employee.1 (more…)

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Coronavirus and More

Mar 2, 2020

coronavirus virus germ
The 24-Hour News Cycle moves from Impeachment to COVID-19 to the Primaries – What’s next?

In recent weeks, we’ve seen several major stories in the news. On the political front, in addition to the arrival of the presidential election through the 2020 caucuses and primaries, we have just experienced the third presidential impeachment in American history. In international news, the latest coronavirus outbreak has hit China, now referred to as COVID-19, leading to closed borders and heightened screening at hospitals worldwide.1 (more…)

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More Insights

Apr 3, 2020

“Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, reach for a bucket.” —Warren Buffett

Apr 2, 2020

From Our Partners at PAI: The CARES (Coronavirus Aid, Relief, and Economic Security) Act has been a topic of discussion for weeks as legislators discussed the best way to give Americans a much-needed boost as the economy has faltered due to the Coronavirus. Signed into law in late March, there are several provisions that will … Continue reading “CARES Act and Coronavirus Relief”

Apr 1, 2020

Factor #1 in our Road to Recovery Playbook is finding confidence in the peak of COVID-19 cases in the United States.  At Epic Capital, we are monitoring this factor daily, and we wanted to provide an update into what we are seeing. As shown in the Chart of the Day, while the number of new … Continue reading “Road to Recovery: COVID-19 Case Update”

Mar 30, 2020

The big equity bounce has continued, with the S&P 500 Index up more than 17% from the multi-year lows hit last Monday. The big question on many investors’ minds is could this be a bear market rally? After all, some of the most spectacular short-term bounces took place during bear markets.

Mar 27, 2020

Market gives up some gains into the weekend. Following the historic run over the past three days, US equities are lower in early trading Friday. The United States now has more confirmed cases of COVID-19 than China, though far fewer deaths. The stimulus package is expected to pass through the House of Representatives today before … Continue reading “Market Update: Friday March 27, 2020”

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