An article published in the New York Times has put together to address frequently asked questions concerning the $2 Trillion Stimulus Package that was Passed by Congress on Friday March 27th. On Friday March 27, 2020 Congress approved the $2 Trillion Stimulus Bill in response to COVID-19 to assist tens of millions of American households that are being affected by … Read More
Trillion Dollar Stimulus on the Way
Good Morning, Another historic day. Lawmakers in Washington struck a compromise on a major fiscal stimulus package to help combat the effects of the COVID-19 pandemic. The bill, already passed by the Senate and awaiting House vote, packs in a lot, with upward of $2 trillion slated to provide important support for the economy, explains Raymond James Chief Economist Scott … Read More
Self-Quarantine Resources
In this uncertain time, we want to share a few resources for you and your loved ones. This is also great information to pass along to your family and friends. We’re here if you need us. Be safe and all the best! Grocery Delivery Services: Publix Grocery Delivery https://delivery.publix.com/ Harris Teeter Grocery Delivery https://www.harristeeter.com/order-online/groceries Wal-Mart Grocery Delivery https://grocery.walmart.com/ Amazon Prime … Read More
Volatility Continues as Fiscal Stimulus Package Takes Shape
In just a matter of days, it seems, our lives have changed dramatically as we attempt to diminish the spread of COVID-19. We hope you and your loved ones are safe and well. With so much happening in a relatively short span of time, we] believe it’s important to offer our valued clients as much perspective as possible on the … Read More
Stocks Yo-Yo as Government Considers Fiscal Stimulus
As you likely are aware, the stock markets are reacting daily to news about the spread of COVID-19 and its potential effect on the economy. We understand how uncomfortable this increased volatility can be and believe it’s important to offer perspective on the markets where we can to our valued clients. The S&P 500 fell by almost 6% on Wednesday, … Read More
What does the recent volatility from the news of COVID-19 (aka the Coronavirus) mean for your portfolio?
By: Faith Doyle, MBA, CFP ® Financial Advisor Associate at Webb Investment Services, Inc. The Case for Diversification and staying the course With all the headlines of the COVID-19 virus in the US and around the world, mixed in with responding global market volatility and upcoming presidential election, it’s easy to get caught up in the ground swell of panic … Read More
Fed Surprises with Rate Cut
The Federal Open Market Committee (FOMC) opted for an unscheduled, 50-basis-point rate cut on Tuesday, bringing the target range for the federal funds rate (the overnight lending rate) to 1.00-1.25%. The FOMC cited evolving risks to economic activity posed by the coronavirus, explains Raymond James Chief Economist Scott Brown. While economic fundamentals remain solid, the FOMC will continue to monitor … Read More
Coronavirus Concerns Startle Markets
Chances are that you, like us, have been following the coronavirus updates and its potential impact on Americans. You may have seen that the equity markets have been skittish throughout the week, and the latest news about the first case in California that does not have a clear point of origination continued the trend, explained Raymond James Healthcare Policy Analyst … Read More