by Alexandra Jopp | Nov 12, 2020 | Blog, Newsletters
November 2020 Market Update After nearly a year of big changes for the United States, voters on Nov. 3 added at least one more, electing Democrat Joe Biden to replace Republican Donald Trump as President. In a close contest that wasn’t called until four days after...
by Alexandra Jopp | Oct 16, 2020 | Blog, Newsletters
October 2020 Market Update The economic recovery is looking less like a V. Or even a U. Although it is still moving in the right direction, the pace of recovery has slowed, with the economy adding 660,000 jobs in September, according to the Bureau of Labor Statistics,...
by Alexandra Jopp | Sep 18, 2020 | Blog, Newsletters
September 2020 Market Update The economic outlook for the United States and the world during 2020 has improved according to a report from the Organization for Economic Co-operation and Development (OECD), though the group cautioned that “the outlook is subject to...
by Alexandra Jopp | Aug 21, 2020 | Blog, Newsletters
August 2020 Market Update The U.S. economy shrunk at an annualized rate of 32.9 percent during the second quarter, an unprecedented contraction caused by the coronavirus pandemic and resulting lockdowns. The non-annualized negative growth rate was 9.5 percent, meaning...
by Alexandra Jopp | Jul 14, 2020 | Blog, Newsletters
July 2020 Market UpdateAlthough employers continued to return some people to work in June, the economic outlook for the United States remains uncertain amid ongoing struggles with the coronavirus pandemic.The economy added 4.8 million jobs last month, lowering the...
by Alexandra Jopp | Jun 16, 2020 | Blog, Newsletters
June 2020 Market Update In the first bit of economic news in several months that qualifies as “good,” the economy added 2.5 million jobs in May, lowering the unemployment rate 1.4 percentage points. The gains in May clawed back a small portion of the job losses that...