by Dr. JoAnne Feeney You may have forgotten, given more urgent concerns surrounding the coronavirus, but we are once again at the cusp of earnings season. Make no mistake, this will be ugly. First quarter results will begin to show the impact of the shutdowns, and second quarter guidance even more so. Earnings estimates from Wall...Read More

by Jeff Deiss CFP, AEP, Wealth Advisor There are certain aspects of our financial lives over which we have some control – our career and how long we work, or how much we spend or save. And there are other aspects which we cannot control, like the daily ups and downs in the stock market or...Read More

Clients should consider need vs. want when it comes to future income distributions. During the 2008 financial crisis as well as the collapse of oil prices in 2015-16 we found that those clients that could reduce or suspend their monthly income distributions faired far better during each recovery. Currently we have both the oil and...Read More

by Dr. Charles Lieberman Chief Investment Officer Everyone is naturally fixated on the daily news on the Covid-19 pandemic and the economic repercussions. We know the news will remain horrific on both fronts for at least a few more weeks. But we also have good reason to expect most people who contract the virus and the...Read More

Investors cheered the government’s $2.2 trillion relief package last week. The S&P 500 climbed 17.8% from Monday through Thursday, although it did give back 3.4% on Friday when the deal actually passed the House. Investors recognized that, while the package will help brunt the blow, containing the virus will take longer than the few weeks...Read More

by Jeff Deiss CFP, AEP, Wealth Advisor March 28, 2020 Given that many older Americans are at high risk for serious illness from the coronavirus, certain rules have been relaxed as a result to help Medicare beneficiaries manage throughout the crisis. It’s also an important time to pay close attention for scammers and elder fraud. Testing...Read More

by Jeff Deiss CFP, AEP, Wealth Advisor March 28, 2020 The Coronavirus Aid, Relief and Economic Security Act, (CARES Act) of 2020 is a historic emergency relief program focused on keeping American Workers Paid, Assistance to Workers, Families and Businesses, Supporting America’s Healthcare System in the fight against the Coronavirus, and the Economic Stabilization of the...Read More

By: Dr. Charles Lieberman, CIO and Dr. JoAnne Feeney, PM The meltdown in the markets and the economy seem to be happening at warp speed. How can this be put to bed, so Americans can have a sense that the crisis will end? The policy needs seem reasonably clear. Policymakers are moving with extraordinary speed,...Read More

by Dr. JoAnne Feeney Portfolio Manager If you’d gone away for a silent meditation retreat last week, you’d have come back to find your portfolio little changed and would have remained fairly calm, but only until you turned on the news. The S&P 500 finished last week roughly flat, but the violent ride from Monday to...Read More

by Dr. JoAnne Feeney Portfolio Manager   The news on the novel coronavirus continues to roil markets and we are getting more frequent questions as to the likely economic and market impact, and what, if anything, investors should do about it. As recent reports shifted from rising recoveries in China to new cases in Europe, Asia,...Read More