Will Company Earnings Recover in 2021?

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One of the puzzling things we’ve seen the last two months since the COVID crisis washed ashore in the U.S. is the dichotomy between the real economy and the stock market. On one side, the real economy is posting its worst performance since the Great Depression. Yet on the other side, the stock market is…

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It’s Official… We Are In A Recession

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This week we got our first estimate of the impact of the COVID crisis on the U.S. Economy. As expected, we’re now in recession. But the real ugly data is still to come. On Wednesday, the Commerce Department posted its estimate of first quarter economic growth for the U.S. The result? Economic activity contracted at…

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Financial Planner: Blank Slate [Video] 

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When we get started working with a new client there are always three things as a financial planner we share with them.  And it’s always interesting the reaction we get from this, as a financial advisor we thing this is a common thing you would expect. Values So the first thing is we won’t push…

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Fill Up Those Bathtubs With Oil!

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Monday witnessed one of the craziest events we’ve ever seen in financial markets. The price of crude oil dropped below zero, meaning that people would PAY you to “buy” oil. There’s actually a good reason why the price of oil can be negative, but there’s also a larger takeaway about how bad economic conditions are…

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