Stimulus (Hopefully) to the Rescue

Stimulus (Hopefully) to the Rescue

Congress Passes the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) In response to the growing coronavirus pandemic and its resulting impact on the U.S. economy, Congress passed the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) on...
Equities Retreat on Coronavirus Concerns

Equities Retreat on Coronavirus Concerns

Key Observations The novel coronavirus (Covid-19) is a tragic outbreak with unimaginable and unmeasurable implications on those affected. While we rely on infectious disease specialists to infer potential humanitarian and social reverberations of the disease, we will...
Coronavirus: Context for Investor Concern

Coronavirus: Context for Investor Concern

There is still a great deal of uncertainty on what the Wuhan Coronavirus’s impact will be on public health and global economic output. As of Wednesday February 12, China reported approximately 45,000 people infected by the virus with 1,100 reported fatalities. While...
Fed Holds Steady, As Expected

Fed Holds Steady, As Expected

This week Federal Open Market Committee (FOMC) participants left the target federal funds range unchanged at 1.50 – 1.75 percent at its December meeting. A mix of strong labor conditions continued weakness in business investment activity and sluggish global growth did...