State Bankruptcies Unlikely, Despite Recent Remarks

State bankruptcies unlikely, despite McConnell remarks April 24, 2020 On Wednesday, Senate Majority Leader Mitch McConnell stated that he favors letting states file for bankruptcy rather than providing bailouts. Our municipal bond team put together some points addressing these comments and how they pertain to our municipal bond portfolios. McConnell’s statement is pure political rhetoric, emphasizing that federal assistance would … Read More

Markets Reflect Variety of Pandemic Reports

As our leaders work together to find solutions during the COVID-19 pandemic, each day can bring a mix of emotions. Because volatility in the financial markets may be adding to that sense of uncertainty, we want to share with our valued clients the latest insights from the strategists at Raymond James. After its best 18-day rally since the 1930s, the … Read More

Tips to Protect Yourself From COVID-19 Scammers

Lifestyle and Technology April 15, 2020 Look out for these warning signs that often accompany coronavirus scams. During this time of uncertainty, fraudsters are taking advantage of global headlines in an attempt to get people to click malicious links, volunteer personal information, download malicious software or fall for other scams. Read on to learn about – and avoid – scams … Read More

Books to Read while in Quarantine

During this time of social distancing, we thought we would send you a few lists of books that may be of interest to you while you are staying home and staying safe. We also wanted to let you know that Malaprops is offering delivery if you buy 2 books or more in Buncombe County. They will also ship with a … Read More

Here to Help w/ New Wellness and Market Resources

Fern Fade Background

As the COVID-19 situation continues to develop, it’s difficult to even remember what day it is. One blends into the next. What does stay top of mind is the desire to stay connected, to let you know that we are wishing you and your family well. And that includes your emotional and mental health. We will keep sharing tips that … Read More

F.A.Q.s on Stimulus Checks, Unemployment, and the Coronavirus Bill

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

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