The third quarter of 2020 was Global equity markets continued their rebound from earlier this year, despite struggling in the final month of the quarter. Among the S&P 500, 70% of stocks had gains in the third quarter. And of the 30 companies in the DJIA, 24 of the 30 were positive this quarter too.
Recent surveys have indicated that many of us are rethinking our retirement plans because of COVID-19. A survey from the nonprofit group Life Happens suggests that 43% of Americans plan to postpone and continue working past their retirement date because of COVID.
You hear it all the time: you should make sure your retirement savings at least keep pace with inflation. But what is inflation and how does it really affect your retirement savings?
Global equity markets continued their rebound from the dismal first quarter of 2020 and by the time the second quarter closed, the major U.S. indices had marched to record quarterly gains.
While there is social unrest, geopolitical tensions, and negative economic data released almost daily, the major U.S. markets are trading at levels not seen since the very early days of COVID-19.
While investors are bombarded by negative numbers and negative headlines, it is surreal to consider that six weeks into the first quarter, the major U.S. indices were hitting new all-time highs. What a difference the final six weeks made.