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18 April
April 18 2020 Market Update
What’s Next for the Economy?
In the four weeks through April 16, 22 million Americans filed for unemployment benefits, just shy of the total number of jobs added in the decade following the financial crisis – and dwarfing job losses in that period, which topped out at 8.7 million. With many gig workers not included in the headcount, the true employment devastation could be far higher.[1]
7 April
April 7 2020 Market Update
The SBA’s Relief Program for Small Businesses: What You Need to Know
Many of our clients or their family members are small business owners, and as part of the CARES Act passed recently, the Small Business Administration has created the $350 billion Paycheck Protection Program (PPP).
3 April
April 3 2020 Market Update
A Global Crisis and the Path Ahead
The first quarter of 2020 was a rollercoaster. Within weeks, we went from all-time market highs – achieved despite concerns about manufacturing growth and trade – to the most rapid descent into a bear market in history.[1] As COVID-19 gripped China and then the world, we’ve seen the global economy enter into a rough downshift.
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