Making Sense of the 2020 Oil Crash
How can something cost less than $0? That’s the question many people have been asking this week. It all started on Monday, April 20, when headlines like this dominated the news: U.S. Oil Prices Fall Below Zero For the First Time in History1 That same day, plummeting oil took the stock market down with it […]
5 Tips for Navigating the Coronavirus Crash
When stock markets experience sudden downturns, investors can feel anxious and make decisions detrimental to their long-term goals. After all, when you’ve worked hard for the money, it’s painful to see your account balances drop. This is a natural reaction, even with savvy investors who’ve experienced market volatility before. These extremes are enough to test […]
Coronavirus Market Recap
After hitting a low of 18,591 on March 231, the Dow has climbed over 25% since then. (As of this writing, the Dow sits at 23,650.2) In my opinion, that means the brief-but-vicious bear market we endured in March is over. So, does that mean the recent volatility is over, too? To answer that, let’s […]
Breaking Down the Cares Act
As you know, the coronavirus pandemic has created both a health crisis and an economic crisis. As of this writing, there are over 160,000 knowncases.1 By the time you read this, there will certainly be more – and that number does not reflect those who have been infected but not tested. The economic cost, meanwhile, has resulted […]
Four things others will wish they had done – that we’re already doing!
As you know, the coronavirus situation continues to hammer the markets. All over the world, investors large and small are facing a level of uncertainty we haven’t experienced in over a decade. But I’m proud to say that, based on the conversations I’ve had with you and my other clients, there may be no group […]
NEW HIGHS TEND TO PRECEDE MORE NEW HIGHS
The Dow joined the S&P 500 in reaching fresh new highs last week. The record came after a drought lasting nearly eight months. The blue chip index has lagged the S&P 500 Index and Nasdaq Composite this year amid escalating trade tensions, which have weighed on the larger multinational U.S. companies that make up most of the 30-stock Dow Jones […]
Will midterm elections drive mayhem in the markets?
Will midterm elections drive mayhem in the markets? The upcoming midterm elections promise to be among the more interesting in recent decades. The Republicans can take comfort in elections generally being about “…the economy, stupid!” Unemployment is at multidecade lows and wages are trending higher. On the other side, Democrats can point to the administration’s […]
The Garrett & Robinson Experience
Joe Garrett named a Five Star Wealth Manager!
Congratulations to Joe Garret for being named a 5-star Wealth Manager by Atlanta Magazine. The 5-Star award winners represent less than 2% of registered Wealth Managers in the Atlanta area. Atlanta Magazine partnered with Five Star Professional to identify Wealth Mangers in the Metro area who provide exceptional service and overall satisfaction as indicated by […]