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Friday, June 19, 2020

The bad news this past week is that there are signs of localized outbreaks in several states, specifically Arizona, California, Florida, and Texas. All have shown significant spikes in cases in recent days. But the good news is that...

 

Monday, June 8, 2020

Last week our CIO, Brad McMillan, shared his blog looking back at May and ahead to June. Below, you can find his monthly video update and write-up. Enjoy! Market Thoughts for June 2020 <iframe src="https://player.vimeo...

 

Sunday, May 17, 2020

On Friday, Brad McMillan provided an update on the coronavirus crisis, including the economic and market implications. Last week was another good week in terms of controlling the virus, with the daily spread rate dropping to less than...

 

Friday, May 8, 2020

It was the best of times, it was the worst of times. April was a Dickens of a month. But what lies ahead? Let’s take a closer look. A look back The best of times. April was the month that stock markets rallied after an...

 

Wednesday, April 29, 2020

Retirement Account Rule Changes Under the CARES Act For many Americans, the novel coronavirus (COVID-19) pandemic has resulted in an immediate need for funds that can provide financial stability. In response, lawmakers have lessened...

 

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Friday, April 24, 2020

Today, we want to share with you another update from Commonwealth's CIO, Brad McMillan. We’ve seen significant progress in terms of the virus, with the daily case growth rate dropping below 4 percent for several days in a row....

 

Friday, April 17, 2020

Today, we want to share with you another update from Commonwealth's CIO, Brad McMillan. In today's video, Brad provides an update on the coronavirus crisis, including its effects on the economy and markets. With regard to the virus...

 

Tuesday, March 31, 2020

On Friday, Commonwealth's CIO provided an update on the coronavirus crisis, including how it has affected the economy and financial markets thus far. While case counts have gone up, the growth rate (a better indicator) has started to...

 

Thursday, March 26, 2020

The Fed stepped up early and hard for the coronavirus crisis. It cut interest rates essentially to zero. It eased restrictions on banks to enable faster and more business lending. Plus, the Fed has taken unlimited measures to support...

 

Tuesday, March 10, 2020

In early March, we saw markets drop worldwide. In fact, the 7.5 percent decline on March 9—which, coincidentally, happens to be the 11th anniversary of the bull market—was the largest since 2008. With a total decline of...

 

Monday, March 2, 2020

This week has been one of the worst in history for the stock market. With the Dow and S&P 500 now down more than 15 percent from recent highs (of only weeks ago!), fears are rising that this pullback might be the precursor to another...

 

Wednesday, February 26, 2020

It is now clear that the coronavirus has escaped the attempted containment by Chinese authorities and has spread around the world. According to the World Health Organization, there are 79,331 confirmed cases, of which 77,262 are in...

 

Wednesday, January 8, 2020

As we made our way through 2019, signs of softening economic conditions became increasingly apparent, even while consumer confidence remained high and job growth came in better than expected. Now, as we look ahead to a new year, the...

 

Thursday, December 5, 2019

November was a great month for U.S. markets, with the S&P 500 up by 3.63 percent, the Dow up by 4.11 percent, and the Nasdaq up by 4.64 percent. All three indices are now up by more than 20 percent for the year. As we celebrated...

 

Monday, November 11, 2019

Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for October. It was a great month, with U.S. markets doing well and international markets doing even better. This positive news was surprising, given the...

 

Thursday, September 5, 2019

August was a tough month pretty much across the board, with politics rocking markets around the world. So, what should we expect for September? Let’s take a closer look. A look back The trade war. China imposed tariffs on U.S....

 

Thursday, August 15, 2019

Yesterday, we saw the largest stock market drop of the year. The Dow Jones Industrial Average was down more than 800 points (over 3 percent), an even bigger decline than we saw earlier this month. Plus, we are on track for the worst...