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

Quarterly Client Letter – Q3 2020

October 30, 2020By Phil Clark, CPWA®,CFP®

Happy campaign season!  I hope everyone is as tired of political ads as I am, and if you are not, good news, there’s one more week! I rarely and with good reason, discuss politics in these letters. However, I recently wrote a piece comparing the two tax plans from the major presidential nominees and the … Read More

KROST Wealth Monthly Economic Update: October 2020

October 12, 2020By Bethany W

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 Bethany W

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

Quarterly Client Letter – Q2 2020

August 17, 2020By Bethany W

This last quarter saw violent fluctuations in the capital markets, which have shaken the very core of retail investing for private clients as well as created massive stimulus actions by the federal government. Good thing we didn’t have anything else going on at the time! Oh, wait. COVID-19 has blanketed our country for a second … Read More

KROST Wealth Monthly Economic Update: August 2020

August 10, 2020By Bethany W

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 Bethany W

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 Bethany W

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