In this week’s recap: despite continued COVID-19 concerns, markets react positively to upbeat economic data. Weekly Economic Update Presented by Glenn Williams, CFP®, July 6, 2020 THE WEEK ON WALL STREET In a holiday-shortened week, stock prices turned higher as
As states cautiously begin the process of relaxing their COVID-19 restrictions, some are wondering, “Why is the stock market doing so well when the economy is doing so poorly?” It’s a great question, and fortunately, one that’s been answered before.
In this week’s recap: a rise in COVID-19 cases inspires turbulence in markets, tapping the brakes on economic recovery. Weekly Economic Update Presented by Glenn Williams, CFP®, June 29, 2020 THE WEEK ON WALL STREET A jump in COVID-19 cases dampened
In this week’s recap: as fears of economic shutdown diminish, the U.S. economy gains momentum. Weekly Economic Update Presented by Glenn Williams, CFP®, June 22, 2020 THE WEEK ON WALL STREET Stocks moved higher last week on news of more
In this week’s recap: increase in COVID-19 cases, matched with downbeat Federal Reserve forecast, weighed on markets. Weekly Economic Update Presented by Glenn Williams, CFP®, June 15, 2020 THE WEEK ON WALL STREET Investor sentiment turned negative last week, amid
In this week’s recap: U.S. jobs report and a surging market build optimism for global economic recovery. Weekly Economic Update Presented by Glenn Williams, CFP® , June 8, 2020 THE WEEK ON WALL STREET A positive jobs report sent
In this week’s recap: solid gains following a short trading week; economic reopening inspires optimism. Weekly Economic Update Presented by Glenn Williams, CFP®, June 1, 2020 THE WEEK ON WALL STREET The shortened week, which began with a powerful two-day
In this week’s recap: Markets rally in reply to positive comments from Fed Chair Powell and further optimism for economic recovery. Weekly Economic Update Presented by Glenn Williams, CFP®, May 25, 2020 THE WEEK ON WALL STREET Upbeat comments by
In this week’s recap: Powell paints a somber picture for recovery, and the markets slip in reaction. Weekly Economic Update Presented by Glenn Williams, CFP®, May 18, 2020 THE WEEK ON WALL STREET Stocks drifted lower last week, weighed down
In this week’s recap: Unemployment reaches an historic high, while stocks climbed in response to economic re-openings. Weekly Economic Update Presented by Glenn Williams, CFP®, May 11, 2020 THE WEEK ON WALL STREET Despite an historic downturn in employment, stocks