Insights
Weekly Economic Update – June 29, 2020
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 Cornerstone Financial Advisory, LLC, June 29, 2020 THE WEEK ON WALL STREET A jump in COVID-19 cases dampened...
Weekly Economic Update – June 22, 2020
In this week’s recap: as fears of economic shutdown diminish, the U.S. economy gains momentum. Weekly Economic Update Presented by Cornerstone Financial Advisory, LLC, June 22, 2020 THE WEEK ON WALL STREET Stocks moved higher last week on news of more Federal Reserve...
Weekly Economic Update – June 15, 2020
In this week’s recap: increase in COVID-19 cases, matched with downbeat Federal Reserve forecast, weighed on markets. Weekly Economic Update Presented by Cornerstone Financial Advisory, LLC, June 15, 2020 THE WEEK ON WALL STREET Investor sentiment turned negative last...
Weekly Economic Update – June 8, 2020
In this week’s recap: U.S. jobs report and a surging market build optimism for global economic recovery. Weekly Economic Update Presented by Cornerstone Financial Advisory, LLC, June 8, 2020 THE WEEK ON WALL STREET A positive jobs report sent stocks soaring last...
Weekly Economic Update – June 1, 2020
In this week’s recap: solid gains following a short trading week; economic reopening inspires optimism. Weekly Economic Update Presented by Cornerstone Financial Advisory, LLC, June 1, 2020 THE WEEK ON WALL STREET The shortened week, which began with a powerful...
Weekly Economic Update – May 25, 2020
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 Cornerstone Financial Advisory, LLC, May 25, 2020 THE WEEK ON WALL STREET Upbeat comments by the...
Weekly Economic Updte – May 18, 2020
In this week’s recap: Powell paints a somber picture for recovery, and the markets slip in reaction. Weekly Economic Update Presented by Cornerstone Financial Advisory, Inc., May 18, 2020 THE WEEK ON WALL STREET Stocks drifted lower last week, weighed down by Federal...
Weekly Economic Update – May 11, 2020
In this week’s recap: Unemployment reaches an historic low, while stocks climbed in response to economic re-openings. Weekly Economic Update Presented by Cornerstone Financial Advisory, LLC May 11, 2020 THE WEEK ON WALL STREET Despite an historic downturn in...
Weekly Economic Update – May 4, 2020
In this week’s recap: Promising drug trials and plans to ease public lockdowns turn thoughts to economic normalization. Weekly Economic Update Presented by Cornerstone Financial Advisory, LLC, May 4, 2020 THE WEEK ON WALL STREET Stock prices ended the week slightly...
Weekly Economic Update – April 27, 2020
In this week’s recap: Markets react to the plunging oil prices, corporate earnings, and the first attempts to restart the U.S. economy. Weekly Economic Update Presented by Cornerstone Financial Advisory, LLC, April 27, 2020 THE WEEK ON WALL STREET Stock prices bounced...