KROST Wealth Monthly Economic Update: January 2021

January 25, 2021By Phil Clark, CPWA®,CFP®

In this month’s recap: Stocks closed the year with a solid rally, fueled by the rollout of multiple COVID-19 vaccines and the signing of a new fiscal relief bill. Presented by Philip Clark, CFP®, January 2021 U.S. Markets A tumultuous year ended on a positive note as stocks rose in December, spurred by the rollout of … Read More

KROST Wealth Monthly Economic Update: December 2020

December 7, 2020By Phil Clark, CPWA®,CFP®

In this month’s recap: Stock prices powered higher and energized investors thanks to a month-long succession of positive news events.Presented by Philip Clark, CFP®, December 2020 U.S. Markets Stock prices powered higher and emboldened investors in November thanks to a series of positive news events. The Dow Jones Industrial Average, which has lagged much of the … Read More

KROST Wealth Monthly Economic Update: November 2020

November 11, 2020By Phil Clark, CPWA®,CFP®

In this month’s recap: Inaction on a second American fiscal stimulus bill and a rise in global COVID-19 cases put pressure on stock prices in October. Presented by Philip Clark, CFP®, November 2020 U.S. Markets Inaction on a second American fiscal stimulus bill and a rise in global COVID-19 cases put pressure on stock prices in … Read More

KROST Wealth Monthly Economic Update: October 2020

October 12, 2020By KROST

In this month’s recap: Stocks dropped during the month as investors worried about stalled fiscal stimulus talks in Washington, the upcoming election, and new coronavirus cases in Europe.Presented by Philip Clark, CFP®, October 2020 U.S. Markets Stocks dropped in September as investors worried about stalled fiscal stimulus talks in Washington, the upcoming election, and new … Read More

KROST Wealth Monthly Economic Update: September 2020

September 10, 2020By KROST

In this month’s recap: Stocks prices surged in August as investors cheered positive news of a potential COVID-19 treatment and welcomed a month-long succession of upbeat economic data.Presented by Philip Clark, CFP®, September 2020 U.S. Markets Stock prices surged in August as investors cheered positive news of a potential COVID-19 treatment and welcomed a month-long … Read More

KROST Wealth Monthly Economic Update: August 2020

August 10, 2020By KROST

In this month’s recap: stocks rose as better-than-expected corporate earnings and progress on a COVID-19 vaccine encouraged investors. Presented by Philip Clark, CFP®, August 2020 U.S. Markets Stock prices rallied in July as further development of a COVID-19 vaccine and better-than-expected corporate financial reports encouraged investors. The S&P 500 gained 5.5 percent, while the Nasdaq … Read More

KROST Wealth Monthly Economic Update: July 2020

July 14, 2020By KROST

In this month’s recap: stocks notched a solid gain, overcoming the rise of reported COVID-19 cases and plans of a slowdown in economic re-openings. Presented by Philip Clark, CFP®, July 2020 U.S. Markets Stock prices climbed higher in June, as investors looked beyond an increase in COVID-19 cases as well as reports that several states … Read More

KROST Wealth Monthly Economic Update: June 2020

June 8, 2020By KROST

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 More

KROST Wealth Monthly Economic Update: May 2020

May 14, 2020By KROST

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 More

KROST Wealth Monthly Economic Update April 2020

April 14, 2020By KROST

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 More