Category

Forefront Wealth
by David Lieberman Quick Summary United States • Case count grew yesterday at a rate of 2.8% from 3.8% and 4.4% the prior two days. Deaths were only about 1,100. The US CFR% held flat to 5.59%. • New cases averaged well over 30,000 per day this weekend. But that is likely due to a sharp...
Read More
by David Ruff CFA, Global Portfolio Manager A recent piece by CGTN (China Global Television Network) highlighted the city of Wuhan. Ostensibly to feature the city’s cultural and culinary reputation, but no doubt, this was also an effort to move the ongoing news narrative away from the city being the COVID-19 birthplace to project the...
Read More
by Dr. JoAnne Feeney Portfolio Manager Earnings season got off to a rocky start, but that was to be expected. Comments from management teams regarding the future were laced with cautious sentiment. Even though most investors understand that companies will struggle to estimate this year’s sales and earnings, they are still hoping that companies have some...
Read More
by David Lieberman Managing Partner, Portfolio Manager Quick Summary United States • Case count over the weekend didn’t decline as much as forecast, although Sunday’s growth of cases of 25,000 was the lowest since March 31st. Case growth slowed to 3.4% yesterday down from 4.1% and 4.7% the prior two days. • The slowing trend continues,...
Read More
by David Lieberman Source: ACM United States • It looks like case count has indeed peaked with cases falling to 27,000 yesterday. Case growth grew only 5.1% on Sunday down from 6.0%, 7.3%, 7.7%, and 8.6% the prior days. • The overwhelming majority of states are now showing slowing case count with 45 states out of...
Read More
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
by Kevin Kelly Portfolio Manager The credit dislocations experienced across investment grade bonds, high yield bonds, and preferreds have also dramatically impacted the mortgage market. The credit moves in the mortgage market been relatively extreme with the spread on 30-year mortgages (Fannie Mae) versus Treasuries nearly doubling from a 0.95% credit spread (on 2/19) to 1.80%...
Read More
1 2 3 4 7

Email Marketing by Benchmark

Recent Posts

Two Steps Forward, One Step Backwards
June 30, 2020
IRS Extends Rollover Deadline For 2020 RMDs
June 30, 2020
June 29, 2020 C19 Update
June 30, 2020