I hope some of the emotions that we all have been experiencing since the COVID Crisis began in March, are beginning to subside. While there are a lot of “opinions” being spouted by “professionals” in both the medical and financial industries about what has happened and will happen going forward, the bottom line is these…
DetailsIt is official! After a continual decline in COVID cases and severe “cabin fever” by many, Governor Ducey has begun the process of re-energizing the Arizona economy by opening commerce back up effective May 4th. This is what is happening: May 4th – Retail businesses can resume partial operations including curbside delivery. May 8th –…
DetailsI hope this message finds you all well and in good health. Todd asked me to write the commentary for this week. Our conversation went something like this: Todd: “Pattie, I want you to write next week’s commentary.” Me: “No! Absolutely NOT!” Todd: “ I need you to. Our clients will enjoy hearing…
DetailsI want to thank those of you that have replied to us with encouragement and appreciation of what we have been providing and how helpful and reassuring our topics have been to you. I am not an “author” and your comments have helped us know that as these challenging times continue, reading our Commentaries have…
DetailsI hope you had a wonderful Easter weekend. We had to be creative as our typical family Easter traditions, had to be adjusted due to COVID-19. Honestly, part of me was annoyed and defiant that our traditions were taking a “detour”. There are certain things you don’t mess with, and sacred family holiday traditions are…
DetailsCARES ACT EXPLAINED On Friday, March 27 President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act into law. The CARES Act has many elements intended to aid American workers, small businesses, corporations and the healthcare system in dealing with the coronavirus pandemic. As the massive $2.2 trillion stimulus bill, representing approximately…
DetailsGovernor Ducey officially put our state on lock down status at 5:00 PM yesterday. As we have shared, our office has been open since the inception of COVID-19. Upon hearing the Governor’s news on Monday, we huddled as a team to discuss the next steps. While we do have contingency plans in place to be…
DetailsAs the COVID-19 cases in the US continues to increase and the equity markets continue to decline, now “officially” a Bear market, undeniably you have felt a range of emotions. We continue to be in unprecedented territory infecting most major continents around the world. Historically, the average number of days from market peak to entering…
DetailsAs another week goes by, another volatile period goes along with it in the financial markets. Monday the S&P 500 Index dropped to 2,386.13 which represented a decline of 11.98% in one trading session. As widespread testing for COVID-19 becomes available, the number of cases in the US is expected to increase. The market being…
DetailsWe promised you continued communication as the sell-off in equities continues. The Fed came out early last week and reduced interest rates by -0.50%. Typically, declining interest rates are positive for stocks. The equity markets continued their large swings last week, both negatively and positively, closing at an overall loss. Today, the Dow Jones closed…
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