Commentary 5/26/202
The Markets May 26, 2020 It was a good week for stock markets in the United States, but there was trouble in Asia.U.S. stock markets rallied last week. The Dow Jones Industrial Average, Standard & Poor’s 500 Index, and Nasdaq Composite all gained more than 3 percent, reported Ben Levisohn of Barron’s.Investors had plenty of […]
Commentary 5/4/20
There are signs COVID-19 may be in retreat.Last week, the Centers for Disease Control reported, overall in the United States, for the week ending April 25 (officially week 17 of the coronavirus), the number of:• People visiting healthcare providers with COVID-19 symptoms declined.• Positive tests at public health, clinical, and commercial laboratories declined or remained […]
Commentary 4/27/2020
We live in interesting times.There is discussion about whether the saying, “May you live in interesting times,” is a blessing or a curse. At this point in 2020, we all understand why.Last week, the world watched in consternation as the price of oil, specifically West Texas Intermediate crude oil, dropped into negative territory. The price […]
Commentary 4/20/2020
The Markets= April 20, 2020 Last week’s economic data was about what you might expect in the midst of a virus crisis that has shut down businesses and forced people to stay home: • Retail sales were down 8.7 percent in March. Retail sales track demand for everything from clothing to refrigerators. The March decline […]