Benjamin Halliburton suggests adding uncorrelated assets to diversify your portfolio. To gain further insight on the positive impacts of uncorrelated assets in a portfolio, read "Did You Have the 20/20 Vision to See the 2020 Bear?" posted on Forbes.com.
We are pleased to deliver this week’s Cary Street Partners Weekly Update on markets and economic news.
Macro Overview - The U.S. and global markets were encouraged with the announcement of reopening plans by
various states and the probability of reigniting economic activity. Individual states started to
ease restrictions and allow certain businesses to reopen for the first time since a state of
Barbara Friedman, a finance focused contributor to U.S. News & World Report, educates investors on the power of reinvested dividends in her article "Pros and Cons of Investing in Dividend Stocks in a Bear Market."
We are pleased to deliver this week’s "Cary Street Partners Weekly Update" on markets and economic news.
Macro Overview – With the coronavirus continuing to wreak havoc on markets and economies worldwide, governments and businesses are confronting an unprecedented environment. In response, massive fiscal and monetary stimulus efforts put into motion by the administration and the Federal Reserve are expected to provide unparalleled economic stimulus.
Choose an adjective, the past six weeks have been unrelenting, anxiety-provoking and downright scary. The spread of the coronavirus, combined with disarray in the energy markets, abruptly brought the decade-long bull market to an end on March 12th, when the S&P 500 index fell 20% below its February 19th all-time high. But that was only the beginning.