June 10 2020 Market Update

Turmoil on Main Street and Buoyancy on Wall Street A Note from Our Founder: We normally cover market and economic news in this monthly report, and you’ll find our report for May below. But as of this writing, Los Angeles and cities around the world are engulfed in protests. Our hearts are heavy with grief […]

May 12 2020 Market Update

An April Uptick: But What Comes Next? Markets rose in April, delivering the best month for stocks in three decades. The S&P 500 posted a nearly 13 percent gain for the month, despite a drop on April 30. That drop was driven by a growing body of information detailing the extent of economic damage caused […]

April 27 2020 Market Update

Why Would Oil Go Below Zero? After seeing the price of oil fall below zero for the first time in history, people are understandably confused. How can this happen, and what does it mean?

April 18 2020 Market Update

What’s Next for the Economy? In the four weeks through April 16, 22 million Americans filed for unemployment benefits, just shy of the total number of jobs added in the decade following the financial crisis – and dwarfing job losses in that period, which topped out at 8.7 million. With many gig workers not included […]

April 7 2020 Market Update

The SBA’s Relief Program for Small Businesses: What You Need to Know Many of our clients or their family members are small business owners, and as part of the CARES Act passed recently, the Small Business Administration has created the $350 billion Paycheck Protection Program (PPP).

April 3 2020 Market Update

A Global Crisis and the Path Ahead The first quarter of 2020 was a rollercoaster. Within weeks, we went from all-time market highs – achieved despite concerns about manufacturing growth and trade – to the most rapid descent into a bear market in history.[1] As COVID-19 gripped China and then the world, we’ve seen the […]

March 31 2020 Market Update

Crisis in Process – and Important Tax Changes In recent weeks we’ve seen some significant changes to tax rules for 2019 and 2020. These efforts were made to help stem some of the fallout from the COVID-19 pandemic, which continues to make its way across the United States and the world.

March 26 2020 Market Update

An Upswing in Markets and an Economic Intervention Markets were sharply up as of Wednesday, March 25 on expectations that a stimulus bill would swiftly get through Congress.[1] It was the first back-to-back gain for equity markets since February. On Tuesday, the Dow Jones Industrial Average had its largest single-day gain since 1933.

March 23 2020 Market Update

Important Update Regarding Taxes In light of the news about COVID-19 and the efforts we are all taking to slow its transmission, issues around financial planning and taxes might seem like far-off concerns. To that end, we’ll keep this brief and topical with important news about tax filing deadlines – and some good news about the role […]

March 20 2020 Market Update

Coming Together: Local and Government Policy Jeff Fishman here. As California heads into its first weekend of sheltering-in-place as a state, I’ve been thinking a lot about the lessons I learned from the life of my grandfather. He always told me that if you live long enough, you will see virtually everything.

×
×