Well, everyone predicted it. To no one’s surprise, equity markets are having the typical pre-election jitters. The increased volatility before the upcoming presidential election is the one thing in 2020 that many actually did predict. The market has been taking some hits for four straight weeks, and we are about ten percent off the
Good Afternoon Valued Clients, Friends and Family, Although we are still feeling the heat, fall is officially here. As we are enjoying our Pumpkin Spice Lattes, there is a lot of headline news this week, from the death of a Supreme Court Justice, more positive steps in the development of a vaccine and the continuing locomotion of
A seismic event happened this past week. No, not the 4.6 magnitude earthquake that rattled us Friday night. While a little jarring to my kids, those of us that grew up in Southern California know that a 4.6 is a minor rattler. Given how 2020 is going, a 4.6 seems quite an afterthought, no?
Good Afternoon Valued Clients, Friends and Family, Although the dog days of summer are behind us, we are still feeling the heat. Fires are still burning throughout the West Coast, Hurricane Sally made landfall in the South, the Federal Reserve is making moves along with the market, and continued coronavirus vaccine drama. Currently, the
The tech sell-off persisted for the second week in a row teaching new investors the crude lesson that, yes, stocks go down too. The market sell-off that was set off by plummeting shares in technology stocks on Thursday, 9/3, had extended 3 days ending Tuesday, 9/8, following Labor Day. While the sell-off didn’t lead
Good Afternoon, I hope you were able to sit back and relax this past holiday weekend, despite the heatwave. This week has been nothing less than eventful with fires raging throughout Western states, OC opening back up, vaccine hiccups, and NFL back in play. As if fighting the Coronavirus wasn’t enough, now there are
Softbank Again?! Tech stocks hit a bit of a pause last week after their furious August rally. Unfortunately, that pain has spread to the broader markets too. By most measures, August is usually a quiet month for equities. A time when many families take their summer vacations and get in some sun before the school
Good Afternoon Valued Clients, Friends and Family, As we enter September and into the holiday weekend, we are seeing a lot of movement from COVID-19 treatments and tracking to the financial markets across the board. It would seem that California has turned a corner, since Gov. Newsom announced that the state is moving away
Fed Loosens its Mandate Leash Last week, the Federal Reserve Bank of Kansas held its annual monetary policy symposium. However, for the first time since it began in 1978, the Jackson Hole conference wasn’t held at Jackson Hole. It was instead hosted virtually. But that certainly was not the biggest news as Fed Chair
Good Afternoon, August has been a busy month with the Democratic National Convention, the Republican National Convention, big changes in the Dow Jones Index, OC coming off the Watch List in California and Hurricane Laura. Hurricane Laura made landfall early this morning as a Category 4 storm in Texas and Louisiana. This is said
