These posts contain links to the the latest important financial news.
The U.S. Census Bureau has released its official 2020 state population counts—a labor-intensive exercise it goes through every 10 years. This data will be used in Congressional redistricting efforts this fall, but for now we can see which states are net gainers of seats in the U.S. House of Representatives, and which states have lost… Continue Reading Census Gains & Losses
In the last few trading days, investors and traders were reminded once again that markets go down—sometimes with a lurch. The most recent lurch was this week’s 2.1% one-day decline in the popular S&P 500 index of U.S. stocks—which was described as “the biggest one-day drop since February.” In the first three days of the… Continue Reading Market Jitters & Inflation Worries
Many of us have been locked down for more than a year. We’ve cancelled vacations, restaurant visits and in-person schooling. More than 500,000 of our loved ones across the country have passed away. Is there any good coming out of the COVID pandemic? Anything at all? Turns out, there is. The messenger RNA immunization technology… Continue Reading Can Any Good Come from This?
You already know that the U.S. stock markets are constantly testing all-time highs, and part of the euphoria is the idea that we may soon get our lives back. But is there any solid economic data to back it up? Recent Commerce Department data offers better news than anybody was expecting about the U.S. economy.… Continue Reading Good News on the (soon-to-be) Post-COVID Economy
2020 has been a big year for change. With changing legislation and market volatility alongside battling a pandemic, our way of life has altered and adapted to fit our present circumstances. While there have been many challenging aspects of this year, an important new piece of legislation has passed aimed at increasing the efficacy of… Continue Reading What Is The SECURE Act and How Does It Impact Retirees?
By Ash Toumayants Life as we know it has changed significantly in a matter of weeks, and we don’t know when it will go back to normal—or what our new normal will look like. The constant barrage of briefings and updates cause many of us to panic or at least lose sleep at night. Although… Continue Reading Do Your Friends And Family Need Financial Guidance During This Stressful Time? We’re Available To Help Virtually
As global markets continue their roller coaster ride due to fears surrounding the coronavirus, our most recent bull market officially turned into a bear market. But what does that mean? And are we on the verge of another recession like the one we had in 2008? In light of all these concerns, today we’ll share… Continue Reading What You Need To Know About Recessions And Bear Markets
The financial markets took a big dip last week over fears about the spreading coronavirus, erasing gains from earlier this year. After the Dow lost over 800 points on Tuesday, it was down a total of 1,900 points in two days. Investors are understandably nervous about their money and their health. If you are worried… Continue Reading What Should You Do About The Coronavirus And Stock Market Volatility?
By Ash Toumayants Here at Strong Tower Associates, we believe that your success is our success and have made it a priority to build lasting, meaningful relationships based on trust, integrity, and superior service. Your satisfaction is our primary concern. In order to continue meeting your needs and improving our service, we’d like to know… Continue Reading Take Our 2019 Client Survey
Falling Oil Prices Watch the bouncing ball; that may describe oil prices in recent years. With incremental changes, Americans are at the point where we might not even pay attention anymore. It’s only those trends that move the ball substantially, either up or down, that seem to catch our attention. With that in mind, oil… Continue Reading Falling Oil Prices