Market Commentaries

10 Jul

Bulls’ Optimism Fuels Nasdaq Record High

July 10, 2020 Bulls continued their record-setting run this week despite rising Covid-19 infections and hospitalizations across the country. According to data from Johns Hopkins University, 63,247 new Covid-19 cases were reported nationwide on Thursday – a single day record. Several states also saw an increase in hospitalizations with Texas and Florida nearing hospital capacity…

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26 Jun

Markets Tumble as States Halt Reopening

June 26, 2020 Markets struggled this week amid concerns of rising Covid-19 cases across the country. Data from Johns Hopkins University shows more than 30 states are now experiencing surging case counts. The resurgence has been enough to force Texas, Arizona, New Mexico, and eight others to pause their reopening plans. Texas reported an all-time…

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19 Jun

Markets Rise on Consumer Rebound

June 19, 2020 A strong retail sales report and a bump in housing permits signaled consumers were ready to spend their recently stockpiled savings and government stimulus checks now that most states have lifted their stay-at-home orders. Industrial production rose in May as the most recent report showed factory floors spinning back up. Improving economic…

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