by Gould Asset Management | Mar 31, 2020 | Uncategorized
Many thanks to those who joined on our first-ever live webinar. Our President and Chief Investment Officer, Don Gould, spoke on the current economic and financial situation as it relates to the COVID-19 pandemic, and also responded to a variety of questions submitted...
by Gould Asset Management | Mar 28, 2020 | Uncategorized
It was another highly volatile week for stock markets, but in a welcome change, equities closed the week substantially up. The S&P 500 rose on the week 10.3%. Year to date, the index is down 21.0%, and from its February 19 peak it’s down 24.9%. Believe it or...
by Gould Asset Management | Mar 22, 2020 | Uncategorized
Week 4 of the COVID-19 market upheaval witnessed continued high volatility and lower prices. The S&P 500 fell nearly 15%, with this past Monday’s drop accounting for about 80% of the weekly...
by Gould Asset Management | Mar 20, 2020 | Uncategorized, Claremont Courier
by Don Gould Note: Before I write about money and investments in the context of the COVID-19, I want to be clear that the illness is first and foremost a health and humanitarian concern and only secondarily a financial one. As important an asset as money may be,...
by Gould Asset Management | Mar 12, 2020 | Uncategorized
Global stock prices continued to gyrate wildly, and mostly downward, this week as markets adjust to a steady stream of new developments in the unfolding crisis surrounding COVID-19. Today’s more than 9% US stock market decline was its biggest one-day drop since...
by Gould Asset Management | Feb 28, 2020 | Uncategorized
A mere nine days ago on February 19, 2020, the S&P 500 (the leading US stock market index) reached an all-time high. Since then the index has dropped about 13%, which qualifies as a “correction” (a 10% drop) and is two-thirds of the way to bear market territory (a...
by Gould Asset Management | Feb 25, 2020 | Uncategorized
World stock and bond markets have paid intermittent attention to the emergent coronavirus over the last several weeks. But with weekend news suggesting its spread well beyond China, the virus has grabbed the market’s full attention this...
by Gould Asset Management | Jan 17, 2020 | Uncategorized
A year ago, markets entered 2019 on high alert amid signs of economic slowing and fears of imminent recession. Following a near bear market at the end of 2018, it seemed as though that old Bette Davis line from All About Eve might apply: “Fasten your seatbelts, it’s...
by Gould Asset Management | Jan 17, 2020 | Uncategorized
by The Gould Asset Management Team Note: This post is an excerpt from Gould Asset Management’s Economic and Market Review for the Fourth Quarter of 2019. The excerpt is posted here for the benefit of our blog subscribers. Stocks Finish 2019 With a Bang, Capping...
by Gould Asset Management | Jan 17, 2020 | Uncategorized
By Don Gould Whenever someone asks me whether it’s worth it to make a small extra effort to earn some additional money on their savings, I often apply what I call the “sidewalk” test. I ask, if that amount were sitting on the sidewalk right in front of you, would you...