March 2020

Monthly Markets Memo - March 26, 2020

World Money Small.jpgby Dan Zalipski, CFA 

The global markets are volatile as the world continues to tackle the COVID-19 crisis.  With a lot of us ‘sheltered in place’ and working from home, we have had the opportunity to binge on news about the virus and its impact on the markets and economy.  This is precisely why I’d like to focus on some positive developments. 

The Secure Act

Scan Alert Image.jpg  By Thomas Rueger, J.D., CFP ®

The Secure Act (Setting Everyone Up for Retirement Enhancement) was passed on December 19, 2019 and became effective on January 1, 2020. The Act includes a number of reforms, some of which could make it easier for many Americans to save for retirement. Following are some of the changes that will have the most impact.

Monthly Markets Memo - March 18, 2020

World Money Small.jpgby Dan Zalipski, CFA 

The Coronavirus (COVID-19) is severely disrupting the world. 

Market Minute - March 9, 2020

Circuit Breaker.jpg by Dan Zalipski, CFA

Circuit Breaker Triggered

The market is negatively reacting to two developments over the weekend.  The first of which is the latest on the Coronavirus.  Italy took the drastic step to quarantine 16 million people, more than a quarter of its population, across the northern part of the country in a desperate bid to slow the spread of this disruptive virus.  The second development was related to the energy markets.  Saudi Arabia and Russia failed to come to an agreement to cut oil production in a bid to support prices.  In response, Saudi Arabia announced deep discounts to buyers of Saudi crude, along with an increase in production of at least 10 million barrels per day.  This one-two punch created such intense selling pressure at the open that the market’s ‘circuit breakers’ were tripped.

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