Last week’s election fatigue, pandemic fatigue, work from home fatigue, and virtual learning fatigue, all the fatigues will have at least some resolution now that the election has arrived and passed. This week, we discuss the impending lack of certainty on an election result and the markets’ response. Election Day November 4th, 2020, the day after election day! The stock market soared in the beginning of the week, making up for some of the losses...
The 2020 presidential election is one week away. Though the final election results might be more than one week away. Fatigue of the upcoming election, pandemic, uncertainty in the world, masks is all around- it’s a lot to take in. Election fatigue should be the first to be resolved. There is a possibility that election results will be clear based on certain same day state results such as Florida. If Biden carries Florida the pathway...
Election 2020 certainty and uncertainty in the markets dominated the SAS newsletter last week. In this SAS newsletter, we describe our CA state audit process as an RIA and more current events. Reminder SAS Investment Management clients with assets managed by SAS Financial Advisors at TD Ameritrade Institutional will notice that the online account access portal www.advisorclient.com has shifted to its newer version and will officially sunset the older version on October 29th, 2020. Many...
Last week’s VP Debates, a summary of quarter over quarter recovery decreases and increases, and the marginally steepening Treasury yield curve were mentioned in our SAS newsletter. This week, we focus more concretely on the election, only three weeks away on Tuesday November 3rd, 2020. Election 2020 The election is now 3 weeks away. Markets seem to have minimal concern over a delayed election decision. Goldman Sachs told clients they feel like the probability of...
From last week’s SAS newsletter highlighting the Presidential candidate debates, economic predictive analysis, and mortgage updates, to this week’s SAS newsletter highlighting the Vice Presidential candidate debates, you won’t want to miss it below! Reminder Tax Filing Due Date with Filed Extension Approaching: 10/15/2020 Quick reminder that if you filed an extension for your personal tax return, the due date with extension is approaching on October 15th, 2020. VP Debates We need a quiet week...
With the nation still mourning Ruth Bader Ginsburg's passing last week, the SAS newsletter highlighted both Ginsberg's passing primarily as well as current market events secondarily. This week the SAS Newsletter highlights the Presidential debate brief recap, the stock market trends, Congress and the 2nd CARES Act status, the Congressional Budget Office, mortgages, more daily awareness, and the TD/Schwab merger update. Debates Wednesday night was the first so-called presidential debate. It was a combination of...
Various economic recovery predictions were highlighted in last week's SAS Newsletter. Recovery curves represented by similarly shaped letters are used usually U-shaped, V-shaped, K-shaped, etc. SAS underlines the elements leading to a K-shaped economic recovery prediction. Today we highlight more of the latest events that have happened this week in 2020. RBG Ruth Bader Ginsburg passed this week on the day Rosh Hashanah, the Jewish new year, began. It is a reflective time of year...
Last week, the SAS newsletter highlighted recency bias and how current events have a lasting persistency in our decision making framework. It's a human bias to have a blind spot for anticipating better or worse times, different than today's conditions. This week we jump in with some economic outlooks on the future. Economic Outlooks Economists love to predict the future. They are correct 50% of the time. We just do not know which 50% are...
Last week we discussed the relentless climb higher for the major indexes, along with the need for American confidence in the way the country is responding to Covid19 and the economy, continuing racial tension, and the Fed’s latest approach regarding inflation and inflation rates. Markets The relentless climb higher for stock market averages has taken a big pause starting last Thursday and continuing Tuesday. New highs were established before this recent decline with the Nasdaq...
Last week, the SAS Newsletter highlighted the market nearing record highs, and the two Americas: Main Street and Wall Street. SAS remains cautious amidst the ever shortening news cycle. Markets This week we saw a relentless climb higher for all the major indexes. Zoom reported earnings this week that were a blowout rising 42% this week. SAS has a paid Zoom subscription! Who knew 25 weeks ago that we would be in this state of...
Last week, the SAS newsletter highlighted the DNC, the impact of the Federal Reserve on markets, and the Fear of Missing Out when assessing investing new cash or selling out of certain investments - essentially, holding on to conservative allocations, enough to reach client goals, without reactionary selling. Markets Another week, another S&P 500 record high. Apple stock is about to split and the NASDAQ continues to climb. Five stocks are providing the majority of...
Investing and the Fear of Missing Out Last week, we highlighted the phrase "Don't Fight the Fed" to explain the relationship between current events and the unexpected, positively rebounding market, catch more here. One way to keep track of the weeks is when we compose our newsletter. Guess so far, the pandemic is at the 6 month mark. We compose the SAS Client Newsletter on Wednesday so for our team it is another demarcation of...
