How long can the markets ride this wave of liquidity? The markets continue to respond to the injection of funds by the Fed and Congress, but a stimulus can create its own set of problems. Liz Ann Sonders and her team at Schwab look into the forces propelling the markets. Rebalancing your portfolio in a bear market can be risky. Dan Moisand, CFP, discusses how to keep your mix of investments in line with your strategy. Your small business may be entitled to more help through the CARES Act. Most people are now familiar, with the Paycheck Protection Program, but there’s more assistance available through the EIDL, as Jeffrey Levine explains.
Schwab Market Perspective: Riding The Liquidity Wave — Some investors were surprised by U.S. stock market gains in April and early May, during a period of dismal economic news. Why is the gap between market and economic performance so wide? At the March lows, stocks were pricing in the kind of economic collapse we’re currently in the midst of. However, the subsequent rally was less about economic optimism, and more about Fed-provided liquidity. Read more…
Rebalancing Portfolios In A Bear Market — It’s considered prudent to rebalance when the markets rise or fall. But that’s what people usually say when markets are calm. Now, when the bear is growling, questions arise. Dan Moisand, CFP, discusses the pros and cons of rebalancing your portfolio now. Read more…
Even More CARES Act Help For Small Businesses — Since Congress passed the CARES Act in March, most advisors have become intimately familiar with the act’s Paycheck Protection Program relief package. But fewer are familiar with the ins and outs of several other potential solutions for small-business-owning clients, such as the economic injury disaster loan program, the employee retention credit and the option to defer the employer portion of payroll taxes. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller