Our Insights and Commentary
Beta Bytes: Week of September 26th
Exciting announcements about VR tech from Facebook's virtual Connect conference, San Diego's $37.7 Million investment to fight homelessness, Salesforce's announcement to add 12,000 #jobs and more in our weekly news blog.
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
Beta Bytes - Week Of September 19th
HP’s new career development program, ServiceNOW’s commitment to keeping the workforce safe, and General Atomics’ delivery of a nuclear thermal propulsion concept to NASA
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.
Beta Bytes - Week of September 12th
San Diego's new green light for reopening businesses, California landlord/tenant protection legislation, Apple's stock split and Netflix's new FREE streaming service
Market Update - September 8th, 2020
Economic data last week included mixed but generally pointed to expansion for manufacturing and services releases, as well as a better-than-expected employment situation report for August.
A Snapshot of Beta Wealth’s Investor Resilience During the Downturn
Just as investors should stay even-keeled during downturns, they should ignore the euphoria of a sudden surge in the market and the fear of missing out on easy gains (also known as FOMO).
Market Update - August 17th, 2020
Economic data for the week included further gains in retail sales, and industrial production, among other measures. Consumer sentiment and jobs results also showed improvement, all of which look to a stronger showing for the third quarter over the second.