Weekly Bottom Line
Real GDP fell by an historic 9.6% in the second quarter (32.9% annualized), led by declines in spending on services as the economy locked down in March and April. The fall was deep but short. Spending rebounded in both May and June. Consumer spending rose 5.2% in June, with all…
Calendar Concerns and Gold Gains
Real-time economic data continues to show a slowdown, at the same time we’re entering two months of the year that historically have been troublesome for stocks. Meanwhile, gold is breaking out to new all-time highs, confusing many as to what it all means. Stocks are likely due for a breather,…
Market Volatility and the Coronavirus
Dear Valued Clients, In these volatile markets we want you to know your ACT Advisors team is on top of what is happening with daily research calls and up to the minute technical data. We are actively looking for opportunities to advance and protect your portfolio and making plans for…
Coronavirus Impacts on the Stock Market
Monday was a tough day in the stock market, with the S&P 500 Index down more than 3% as the number of coronavirus cases reported outside of China jumped. Monday’s losses reversed all of this year’s gains so far for the S&P 500 Index and the Dow Jones Industrial Averages….
Wes Johnson on NPR: “To Fear or Not to Fear” New Stock Market Highs
The stock market’s recent all-time highs have some folks seeing a warning sign while others see a green light to invest in the markets. In this interview, Wes Johnson, CFP® discusses if new stock market highs should be feared or embraced. Click the link below to listen to the replay….
Don’t be worried! Have a plan.
Is market uncertainty making you worried? Check out what Doug English, CFP® has to say about what you can do to ease your anxiety.
In Case of Emergency: Essential Documents to Take with You
Hurricanes, fires, storm surges and other emergencies may make it necessary for you to evacuate your home. First and foremost, the priority in an emergency should be the safety of you and your family. Tracking down important documents (like insurance policies) shouldn’t delay leaving quickly and safely. Ideally, you should…
A Fed Rate Cut and the Economy
This summer has been interesting. Thus far, temperatures have been at a maximum for much of the country, while typical summer storms have been at a minimum. A parallel can be drawn for the financial markets: Major stock indexes are hovering near record levels, while other asset classes like bonds…
Doug English on NPR: Are Stocks Peaking Again?
2019 has been an exceptional year for the stock market, but what’s next? Doug English, CFP® discusses his thoughts on this past year and what might be next for the economy. Click the link below to listen to the replay. “We have been surprised and delighted with the scale of…