We know this is an uneasy time for all investors so we would like to follow-up on our Tuesday Investment Update to help alleviate any concerns you may have regarding your portfolios.
Due to increased fears of the Coronavirus, specifically a stronger outbreak in Italy and the effect on the global economy, the Dow Jones Industrial Average was down 1,032 points or minus 3.56 % to close at 27,960 on Monday.
- Stocks have enjoyed a fairly uninterrupted rise since the 4th quarter of last year, so a pullback is to be expected.
- The Coronavirus originating in China may be a catalyst for selling.
- While serious, it is still early in this outbreak to determine its economic effect. Headlines of pandemics acco
Our Affinity Capital team would like to thank you for the opportunity to serve you with your investments, financial planning and assistance as we coordinate with your estate and tax planning professionals. Many of our clients have been with us for a decade and some even longer. We appreciate serving you, our multi-generational clients and extended family, as well as the many referra
The Fed and China: Headline Risk on Both Sides of our Border
The Quick Take
A quick note on today’s market:
I am fortunate enough in my practice to have multi-generational involvement in the lives of my clients. Being involved in many aspects of their lives brings many benefits – I am witness to births, weddings and in sadder instances, funerals. I help clients plan for payment of these events as well as college and retirement, and not necessarily in that order.
The markets are struggling with mixed interpretations of our current economic indicators. The Federal Reserve has eight major categories of economic indicators.
The 1st quarter of 2018 has come to a close and volatility has returned to the market. This is actually a good thing for investors as the markets need to find equilibrium over a longer period of time and a very good thing for our friends in the national media. I am blessed with five children, excuse me, now young adults and all have been interested and inqui
A milestone occurred this week with Dow Jones Industrial Average closing above 25,000 for the first time. An important distinction is needed in that as the Dow Jones Industrial Average moves higher, the percentage of growth can be obscured. When the Dow was at 10,000, a 1000 point rise equaled a 10% gain.