Second Half Hard to believe we’re already halfway through the year. As someone on Twitter recently said, “The good news is that 2020 is half over. The bad news is 2020 is only half over.” There are so many superlatives that are being used to describe the craziness that happened so far this year.
Second Wave Summer officially started this past week. Experts will debate the exact start of summer because it can depend on the moon’s positioning. I figured summer started this week because the garden in my backyard is exploding. I have taken to gardening the past few years. Like many others, I spend a considerable
The Consumer Comeback The month of May has turned out to be a month of unexpected news for the U.S. economy, and it’s not the bad kind of unexpected news. A couple weeks ago we received data reflecting a turning point in the unemployment figures as quarantine restrictions eased across the nation. While a
Misclassification Summer is quickly approaching Southern California. As many of you have felt in the past few days, it’s getting hot. I live in south Orange County and it was almost 100 degrees in my neighborhood this week. My air conditioning has been running non-stop. With two children and wife at home all day,
Sowing the Seed Pandemics, riots, looting, extreme partisanship, this truly is a period unlike any other. It’s hard to remember the last time our country was faced with so many challenges at once. In many ways this situation is unprecedented, but in many ways its not. For instance, did you know that in 1968
Volatility: In the Eye of the Beholder Wall Street always likes to use fancy terms and phrases to complicate things. Liquidity, volatility and standard deviation just to name a few. Many of us know their technical definitions, but what do those terms really mean? Let’s start with volatility, one of the most overused phrases
Chapter 11: The Corporate Restart Button Most Americans are familiar with the term bankruptcy, especially with current headlines making it seem like a well-known company is going out of business every day. However, filing for bankruptcy is not as straight forward as it might seem. Did you know that there are 6 different chapters
Markets across the globe continued to be volatile this week. The VIX volatility index has quietly creeped above thirty again. It should be no surprise given the continued negative data coming from all corners of the world. This week, the Labor Department reported that nearly another three million workers filed for unemployment claims, bringing
We hope everyone is safe and healthy. Today marks eight weeks of nation-wide quarantine and it appears these efforts have paid off. Some of the hardest hit areas are reporting a significant drop off in new cases and many less affected states are beginning to re-open. Unfortunately, the positive news is being tainted by
April was an impressive month for equity markets. It’s hard to imagine just a month ago, we were still reeling from the sharpest market decline in modern Wall Street history. March was rough. In less than a month, about 1 million Americans lost their jobs* and the market had lost over a third of
