Market Minute - April 2, 2020

Circuit Breaker.jpg by Scott Rosenquist, CFA​

The markets gained some clarity over the past week as the U.S. Government took unprecedented steps to support a country in crisis.  The virus’s unpredictable impact on the economy translated into extreme market volatility, which in turn threatened the markets ability to operate.  Congress stepped in to address the economic impact by passing the CARES act, while the Federal Reserve enacted policies to ensure the markets continue to function properly.  The CARES act will provide roughly 2 trillion in economic support through a variety of measures.  Both the Fed and Congress have stated additional support may be needed.

Breaking Down the CARES Act

Scan Alert Image.jpg By Matthew Emerson, Jon Flaherty CFP®, Thomas Rueger J.D. CFP®

The latest major governmental action comes amid heightened uncertainty caused by the COVID-19 virus and subsequent economic chaos.  The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) is a $2T economic stimulus plan addressing the immediate fallout in the business world and in peoples’ personal finances, an attempt to cushion the impact of social distancing and the loss of work and business that it entails. There are five “groups” that will directly benefit from the package: individuals, large corporations, small businesses, state & local governments and public services.

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.

Give and Receive - Strategies to Optimize Charitable Giving

Scan Alert Image.jpg  By Jon Flaherty, CFP ®

What’s your favorite charity to support and do you wish you could give more?  Have you ever thought about how and what you’re gifting to your charity of choice?  For most folks, the standard is to write a check or give cash, but there could be more tax efficient ways to make your gift.  If we can help you optimize your gifting strategy, would you give the difference to charity too?   

Monthly Markets Memo - February 2020

World Money Small.jpgby Dan Zalipski, CFA 

The markets got off to a great start for 2020.  Investor’s cheered as the phase-one trade deal deescalated the trade war with China.  Fourth quarter earnings growth were expected to come in slightly negative (-1.7%) but have thus far come in slightly positive (0.7%).  There are still several companies that have yet to report their results, so these numbers can and will change.  As of now, however, the results are encouraging.  The January jobs report also surprised investors, easily exceeding the forecasts and highlighting the ongoing resilience of the U.S. economy.

Well Done Jon!

Scan Alert Image.jpg  

Congratulations to Jon Flaherty for attaining his CERTIFIED FINANCIAL PLANNER™ certification.  Well done Jon!

Market Minute - February 11, 2020

World Stock Market Growth Compared with the U.S.

Vantage Financial welcomes guest contributions. Please know the information, opinions, and forecasts expressed in the article below are presented from unassociated parties and do not necessarily reflect the opinions of Vantage Financial Partners Limited. This article is shared as general information only and should not be considered advice.

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