by peter.losh | Jun 17, 2020 | Uncategorized
Many thanks to those who joined us on Tuesday, June 16th, for our live webinar and Q&A with Don Gould, our President and Chief Investment Officer. Don gave an update on the markets and the economy in the midst of the ongoing pandemic, and also responded to a...
by peter.losh | May 29, 2020 | Uncategorized, Claremont Courier
by Don Gould It is often said that the economy is not the stock market, and vice versa. Never has that seemed truer. In the economy we have witnessed an unimaginable explosion in unemployment, the byproduct of lockdowns to slow the Covid pandemic. 39 million Americans...
by peter.losh | Apr 17, 2020 | Uncategorized
Pandemic Jolts Markets We entered the first quarter in the 11th year of an economic expansion, with low unemployment and buoyant stock markets. And then suddenly everything changed. The COVID-19 pandemic has altered our lives in ways that were unimaginable just three...
by peter.losh | Apr 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 First Quarter of 2020. The excerpt is posted here for the benefit of our blog subscribers. US Comes to Grips with Coronavirus The US...
by peter.losh | 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 peter.losh | 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 peter.losh | 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 peter.losh | 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 peter.losh | 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 peter.losh | 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...
