With the saturation of news and data reports, how do you know what is worth paying attention to, and most importantly how do you know what to do about it?
It’s Not a Market Recovery it is a Bounce
The news of the stock market ‘recovering’ has a lot more to do with the $6 Trillion injection of Debt than it does with companies’ true value. With all of the unknowns of the ripple effect … even Warren Buffet says it is impossible to have much of a reasonable prediction of the future of the economy.
We are becoming more and more desensitized to major fluctuations in the stock market. The stock market is the value of the economy. How can the value of the economy change by 5.9% in one day?
Cotton Eyed Joe may have come and gone, but he left us with $6 Trillion of debt – So Far!
The S&P 500 is up nearly 40% in just the past 50 trading days. This is the largest rally since 1957!
Source – WSJ
There are many more unknowns than knowns. With many restaurants still closed, stadiums empty, the uncertainty of future learning, and many other ripple effects we have not started talking about yet, the impact will extend further than what is shown in our market today.
Investors Are Sitting on the Biggest Pile of Cash Ever
Amid head-spinning economic uncertainty and stock-market volatility, many investors have rushed into money-market funds
Individuals face perhaps one of the most difficult investing decisions in their lifetimes: whether to wait out a potentially long rebound or exit the market altogether.
U.S. Retail Sales Rose Record 18% in May
Sales rose following record declines during coronavirus lockdowns
