Our Commentary
Market Update: September 21st, 2020
By sector, energy, industrials, and materials led the way last week, up at least a percent each; communications, consumer stocks, and #tech all declined at least a percent. Reports of Federal Trade Commission anti-trust discussions about Facebook brought down sentiment. Commodities earned positive returns last week, with strength in energy and agriculture outweighing flattish returns elsewhere.
What You Need to Know About the Federal Reserve’s Predictions.
The Federal Reserve Open Market Committee (FOMC) held its September meeting earlier this week, a notable one since this will be the last before the November elections. The Federal Reserve decided to hold its benchmark interest rate at 0-0.25% and continue its program of asset purchases
Market Update - September 14th, 2020
The Nasdaq experienced one of its quickest (3-day) -10% corrections in history during the shortened holiday week. Consumer sentiment took a hit as there's decelerating likelihood of a large Congressional #stimuluspackage before the election, as well as a pause in AstraZeneca’s Covid-19 vaccine trial.
COVID-19 UPDATE: Live at the Lab with Dr. Erica Ollmann Saphire
At Beta Wealth Group, we believe that the most important wealth you can have is your health. That is why we host events with insider information for our clients and their community.
The CARES Act: The Largest Stimulus Package in U.S. History
The last few weeks have been surreal and frightening as we watched a pandemic accelerate across the globe. At first is seemed like a geographically distant and even detached issue that would never step foot on our doorsteps. Then within a matter of weeks the tones of our leaders grew stern..