In this month’s recap: Stocks prices surged in August as investors cheered positive news of a potential COVID-19 treatment and welcomed a month-long succession of upbeat economic data. Monthly Economic Update Presented by Arland Kelly, September 2020 U.S. Markets Stock prices surged in August as investors cheered positive news of a potential COVID-19 treatment and welcomed a month-long succession of upbeat economic data. The Dow Jones Industrial Average rose 7.57 percent, the Standard & Poor’s...
Financial Strategies for Young Families It’s never too late to start. Provided by Arland Kelly The hardest part is getting started. Even though more than half of U.S. households have some form of investment in the stock market, many new parents may still find that creating a financial strategy is the last thing on their minds. And who can blame them? After all, new parents have a million concerns to keep in mind on top...
Monthly News and Information for Current and Future Retirees Presented by Arland Kelly - AUGUST 2020 QUOTE OF THE MONTH “Not everything that is faced can be changed, but nothing can be changed until it is faced.” JAMES BALDWIN FIGURING OUT WHEN TO START YOUR SECOND ACT Many Gen Xers and baby boomers look forward to retiring on their terms. In such a circumstance, the key question becomes when to walk away from work. According...
In this month’s recap: stocks rose as better-than-expected corporate earnings and progress on a COVID-19 vaccine encouraged investors. Monthly Economic Update Presented by Arland Kelly, August 2020 U.S. Markets Stock prices rallied in July as further development of a COVID-19 vaccine and better-than-expected corporate financial reports encouraged investors. The S&P 500 gained 5.5 percent, while the Nasdaq Composite picked up 6.8 percent. The Dow Industrial Average, which has lagged much of the year, rose 2.4...
In this month’s recap: stocks rallied in May, sparked by a supportive Federal Reserve, stories of states re-opening, and reported progress on a COVID-19 vaccine. Monthly Economic Update Presented by Arland Kelly, June 2020 U.S. Markets Stocks rallied in May, sparked by a supportive Federal Reserve, stories of states re-opening, and reported progress on a COVID-19 vaccine. The Dow Jones Industrial Average rose 4.2%, while the Standard & Poor’s 500 Index picked up 4.5%. The...
Arland Kelly presents: SMART TIP: Struggling to focus while working from home? Try taking breaks every hour (or more often) as needed. Even five minutes of pause may give you a little relief as you go about your workday. WHO SAID IT? “Have the courage to follow your heart and intuition. They somehow already know what you truly want to become.” [GET THE ANSWER] TEST YOUR KNOWLEDGE: Q: What was the national average price of...
In this month’s recap: Stocks rebounded sharply, fueled by a flattening of the COVID-19 curve and positive results from clinical trial investigating a treatment for the virus. Monthly Economic Update Presented by Arland Kelly, May 2020 U.S. Markets Stocks rebounded sharply in April, fueled by a flattening pandemic curve and positive results from a clinical trial investigating a treatment for COVID-19. The Dow Jones Industrial Average, which dropped 14% in March, jumped 11.08%. The Standard...
Arland Kelly presents: SMART TIP: Last month, the CDC gave an official recommendation of wearing cloth facial coverings (masks) over your face and mouth, if you must leave your home, in order to slow the spread of COVID-19. WHO SAID IT? “Truth is the proper & sufficient antagonist to error.” [GET THE ANSWER] TEST YOUR KNOWLEDGE: Q: According to the U.S. Bureau of Labor Statistics (as of 2018, the most recent survey), how many nursing...
In this month’s recap: the emerging coronavirus reins in the bulls on Wall Street, trade deals make headlines, the United Kingdom makes its Brexit, and confident U.S. households help the economy keep its pace. Monthly Economic Update Presented by Arland Kelly, February 2020 THE MONTH IN BRIEF Early January gains gave way to late January losses as the coronavirus emerged as a global health concern, and correspondingly, a concern for the investment markets. The S&P...
Arland Kelly presents: SMART TIP: Dry skin this winter? Moisturize immediately after bathing or washing your hands, while your skin is still damp, to help lock in moisture and prevent it from fully evaporating off your skin. WHO SAID IT? “If you desire many things, many things will seem but a few.” [GET THE ANSWER] TEST YOUR KNOWLEDGE: Q: Two signatures appear on the front of a one dollar bill. On the right side is...
Arland Kelly presents: SMART TIP: Holidays have you stressed out? It’s okay to say, “no” if you need a break. Taking a couple evenings off to rest and recharge can allow you to enjoy all the magical moments the season has to offer – instead of looking forward to its eventual conclusion. WHO SAID IT? “The greatest good you can do for another is not just share your riches, but to reveal to him his...
In this month’s recap: As 2019 ends, the U.S. and China agree to a phase-one trade deal, and stocks, gold, and oil all advance. Monthly Economic Update Presented by Arland Kelly, January 2020 THE MONTH IN BRIEF Stocks rallied in December, closing out a decidedly positive year on Wall Street. The S&P 500 added another 2.86% last month, rising 28.88% for 2019. What helped the market? The trade dispute between the U.S. and China cooled...
