What does the wider distribution of vaccines, new administration, and recent earnings reports mean to your hard-earned investment accounts?
What a difference a month can make. Political ads have disappeared for now. A new administration prepares to occupy our highest elected office. Several COVID vaccines have been approved and show promise. And in a few weeks, 2020 will be in the rearview mirror.
Former Vice President Joe Biden has been elected the 46th President of the United States, defeating President Donald Trump in a tight race and bringing an end to the highly contested 2020 election. The new president-elect benefited from high voter turnout and solid support among independent and suburban voters. At the same time, Trump kept […]
San Francisco Bay Area skies are dark and orange following record heat the last few days. Ash is falling from the sky, but the stock market rose sharply this afternoon. September is shaping up to be an interesting month.
The spread in some of the recent hotspots like California and Florida is slowing, while states in the Northeast and Midwest are now experiencing increases in cases. According to the World Health Organization, 27 vaccines are in human trials, and the chances of an approved vaccine by late this year or early next year are […]
LPL Financial Research is looking ahead for new ways to face current challenges and prepare for better times. Use our Midyear Outlook 2020 to chart a path to eventual economic and market recovery. Plus, learn how stocks may predict the next president!
“Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, reach for a bucket.” —Warren Buffett The battle with COVID-19 rages on, and the headlines continue to get worse. The number of new cases and deaths continues to grow. Individuals and companies […]
These are challenging times, and this week may be the toughest as we wait for COVID-19 to reach its peak in the United States. As the war against COVID-19 wages on, we continue to be inspired by the tremendous bravery shown by healthcare workers on the front lines. Other heroes will likely emerge from a […]
While it is a good idea for most business offices to remain closed during this period (and in fact, some areas it is mandated), Cornerstone is set up technically to provide the same level of service remotely that we offer from our physical office. We have access to many items you might need during this […]
“The stock market takes an escalator up, and an elevator down,” is a classic Wall Street saying. The last week has sure felt like taking an express elevator down, as the end of February brought a historic stock market sell-off, with the S&P 500 Index moving from an all-time high to a 10% correction in […]