KROST Wealth Monthly Economic Update: June 2020

June 8, 2020By KROST Wealth

In this month’s recap: stocks rallied in May, sparked by a supportive Federal Reserve, stories of states re-opening, and reported progress on a COVID-19 vaccine. Presented by Philip Clark, CFP®, June 2020 U.S. Markets Stocks rallied in May, sparked by a supportive Federal Reserve, stories of states re-opening, and reported progress on a COVID-19 vaccine. Read the full article…

KROST Wealth Monthly Economic Update: May 2020

May 14, 2020By KROST Wealth

In this month’s recap: Stocks rebounded sharply, fueled by a flattening of the COVID-19 curve and positive results from clinical trial investigating a treatment for the virus. Presented by Philip Clark, CFP®, May 2020 U.S. Markets Stocks rebounded sharply in April, fueled by a flattening pandemic curve and positive results from a clinical trial investigating Read the full article…

Quarterly Client Letter – Q1 2020

April 16, 2020By KROST Wealth

A computer programmer named David Cook started a company in Dallas, Texas in 1985. After two years, Cook sold the company Blockbuster for $18.5 million, missing one of the most impractical run-ups in history. By 1992, this once small retail shop was sold again for $8.4 billion. By the late 90s, Cook’s bright idea for Read the full article…

KROST Wealth Monthly Economic Update April 2020

April 14, 2020By KROST Wealth

In this month’s recap: The CARES Act moves to assist Americans quarantined by COVID-19, providing relief with a $2T stimulus package; markets worldwide react to coronavirus-related volatility. Presented by Philip Clark, CFP®, April 2020 THE MONTH IN BRIEF The Coronavirus Aid, Relief, and Economic Security (CARES) Act has been signed into law, bringing relief to Read the full article…

KROST Wealth Monthly Economic Update: October 2019

October 7, 2019By KROST Wealth

In this month’s recap: The Fed cuts interest rates, the price of oil spikes, and trade negotiations between the U.S. and China are rescheduled. THE MONTH IN BRIEF September brought an economic event that was widely expected: a quarter-point cut in short-term interest rates by the Federal Reserve. It also brought an attack on two Read the full article…

Managing Volatility Through Diversification

September 15, 2019By KROST Wealth

Shelley Schexnayder, Communications, Senior Advisor at 1st Global It’s impossible to time the market perfectly or completely avoid market fluctuations, and every year, there is significant rotation on which of the asset classes at right perform well or poorly. So how can long-term investors not only endure market fluctuations but plan for them in their Read the full article…

KROST Wealth Monthly Economic Update: August 2019

August 19, 2019By KROST Wealth

In this month’s recap: the Federal Reserve eases, stocks reach historic peaks, and face-to-face U.S.-China trade talks formally resume. THE MONTH IN BRIEF July was a positive month for stocks and a notable month for news impacting the financial markets. The S&P 500 topped the 3,000 level for the first time. The Federal Reserve cut Read the full article…

A Game Changer

August 5, 2019By KROST Wealth

By Jennifer Hutchins, CFA and Martin Landry, CFA, CFP®, CAIA, CIMA®, CIPM, CTFA, AIF® The end of the tentative trade truce between the world’s two largest economies triggered a sell-off on global stock markets and sent investors scurrying into safe-haven assets. On Monday, August 5, the Dow Jones Industrial Average fell 767 points (about 2.9%) Read the full article…

KROST Wealth Monthly Economic Update: May 2019

May 14, 2019By KROST Wealth

In this month’s recap: the S&P 500 returns to record territory, key economic indicators show strength, oil continues its ascent, and existing home sales decline. THE MONTH IN BRIEF Wall Street shifted its focus from trade to earnings in April. On that front, the news was good: through April 26, first-quarter results for S&P 500 Read the full article…