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 we come across and will continue to reach out with the latest from Raymond James leaders who have their fingers on the pulse of the situation.
We know the news can be overwhelming, so we’ll only send you a curated selection – just enough to lend perspective and keep you informed.
We thought you’d enjoy the latest short video from Raymond James Chief Investment Officer Larry Adam. He highlights “10 encouraging signs amid this difficult market environment.” To help you prepare for the week ahead, Weekly Headings offers a glance at upcoming events and shares insights regarding the global economy and capital markets.
For perspective on what’s going on in the markets, check out the latest portfolio strategy commentary in the Weekly Market Guide with Mike Gibbs, managing director of Equity Portfolio & Technical Strategy.
You likely know someone whose livelihood or education has been impacted by the COVID-19 response. Here’s a brief glimpse at some assistance available through the Coronavirus Aid, Relief, and Economic Security, or CARES Act. The CARES Act is intended to combat the economic risks associated with a slowdown in individual spending and help businesses of all sizes avoid closures and employee layoffs. It also provides necessary funds to help support states and municipalities. Check out our latest digital resources:
We’d like to thank you for your continued trust but, perhaps more important, to send heartfelt gratitude to all those on the frontlines of essential services, those selfless individuals taking care of the sick, feeding us, stocking grocery shelves, and the countless volunteers who are working tirelessly on our behalf. Life is strange, but it’s inspiring to see our community continue to care for one another. Raymond James committed $1.5 million to support charitable organizations providing essential services like access to food and healthcare throughout communities affected by COVID-19.
As you know, we are doing our part to flatten the curve although we remain open for business. In the meantime, we’re also making a point to:
- Stay clean, close, calm and in touch via email, phone, social media and other electronic means. Google Duo, Marco Polo and other video chat services should help.
- Set some boundaries. It is all too easy to be online and accessible 24/7. We strive to be as responsive as possible for our valued clients, but would still encourage anyone working remotely to get enough rest and step away from the computer on occasion. Only you know what is sustainable for you and your family, and your health and well-being should be top priority.
- Do something for others. If you can, consider buying gift certificates to local retailers and restaurants in a show of solidarity. Buy tickets to future community events, including theater productions. Donate to artists, performers and arts venues if you can. Purchase items off your favorite charity’s wish list.
- Connect to the broader community. Many colleges and places of worship, for example, are holding online gatherings.
- Get some exercise. A brisk walk can clear your head, but there are also myriad online and streaming classes offered these days, from yoga to dance to guided meditations and everything in between. There are even classes aimed specifically at young ones (e.g., GoNoodle).
- Rest and relax. In addition to the usual streaming services, HBO Now and HBO Go are offering some programming for free and many zoos and aquariums are sharing adorable videos of animal interactions for the whole family to enjoy. We’re particularly entertained by those from the Shedd and Florida aquariums. The National Parks are also offering virtual tours and live streams.
- Take care of the kids. In addition to all the teachers and administrators working tirelessly to educate our children, you can continue to feed their brains and spirits with free children’s books on Audible; a variety of podcasts; and Khan Academy classes.
- Learn something new. Coursera offers a lot of free educational content. Epicurious can help you feel more confident in the kitchen. Let us know what skills you sharpen!
Though these uncertain times will last longer than any of us want, they won’t last forever. We will get through this. In the meantime, please don’t hesitate to reach out.
Laura A. Webb, CFP®
Webb Investment Services, Inc.
Faith Doyle, MBA, CFP®
82 Patton Ave Ste 610 Asheville, NC 28801 828.252.5132
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