We hope this email finds you and your family safe and healthy. As we wrap up the first half of this historic year, it was nice to see Quarter 2 end on a positive note.
This week, we saw the Dow Jones and S&P 500 have the best quarter in more than 20 years. Consumer confidence has risen, along with an increase in home prices causing the US stock indexes to finish higher. These have helped offset the concerns with the rising numbers of growing coronavirus cases across the country. Both Jerome Powell and Steve Mnuchin testified to Congress with a commitment to anchor the U.S. economy through this pandemic.
If you didn’t get a chance to see Apriem featured in the Orange County Business Journal, please click here to read the article, “Securing Your Wealth During Covid-19.”
Your second quarter 2020 reports will be delivered to your client portal or via mail on July 15th. Please call or email your Wealth Manager to schedule a Virtual Meeting or Conference Call review if you have not already done so. Due to the holiday, Apriem’s Market Update will not be sent out this week, but will resume next week.
In celebration of our nation’s independence, I thought some fun trivia would be a nice way to lighten up the environment. Did you know that Americans consume about 150 million hot dogs while celebrating Independence Day? According to the National Hot Dog and Sausage Council, that amount of dogs can stretch from Washington D.C. to Los Angeles more than five times! However you decide to celebrate it, whether it be eating hot dogs, gathering with a small group of friends or sharing a quiet day with family; we wish you a happy and healthy holiday. In observance of the market holiday schedule, Apriem Advisors will be closed tomorrow, July 3, 2020 for Independence Day.