Updates

February 1, 2021 It’s been a somewhat volatile week for the equity markets, and we wanted to offer some perspective on what’s happening for our valued clients. Last week’s selloff was the largest in three months for the three major U.S. stock indices – the S&P 500, the Dow Jones Industrial Average and the NASDAQ.…

        Investing involves risk, and investors may incur a profit or a loss. All expressions of opinion reflect the judgment of the Raymond James Chief Investment Office and are subject to change. There is no assurance the trends mentioned will continue or that the forecasts discussed will be realized. Past performance may…

November 25, 2020 For the 2021 tax year, individual investors can contribute up to $6,000 to either a traditional or Roth IRA. If you’re age 50 or older, you can contribute an extra $1,000. I wanted to remind you so you can take full advantage of your ability to save toward retirement. Contributing as much…

November 10, 2020 Few things are as encouraging as a glimpse at the light at the end of the tunnel. Pharmaceutical makers Pfizer and BioNTech announced Monday morning that their coronavirus vaccine has shown strong results through ongoing drug trials – a 90% efficacy rate with minimal side effects. This news immediately gave lift to…

November 4, 2020 So now we wait. Like long-term investing, this election has required perseverance, persistence and patience. If you’re anything like us, you have anxiously awaited the outcome of this seemingly unending election cycle. And truth be told, all elections appear more crucial than the one before – this one in particular as we…

October 27, 2020 Stocks faltered at the beginning of the week as COVID-19 cases surged and stimulus talks stalled. Uncertainty surrounding the 2020 election also drove market declines.   The S&P 500 (-1.9%), Dow Jones Industrial Average (-2.3%) and NASDAQ (-1.6%) each sharply declined today. More specifically, the S&P 500 closed below its 50-day moving…

‘Healthy at Work’ Office Reopening Guidelines: On June 1, our Gratz Park Private Wealth team returned to our office building with new guidelines in place to ensure it is the safest environment possible for us as a team, you as our client, and for our community as a whole.  We have taken guidance from the…

Investors have had a lot to process over the past few days. Domestic equity declines on top of global ones dovetailed with the loss of legendary Supreme Court Associate Justice Ruth Bader Ginsburg as well as a rise in COVID-19 cases across the nation. The Dow Jones Industrial dipped almost 3% on Monday, and the…

Truth be told, like many of you, we had hoped that the stock market momentum would continue through the Labor Day weekend. However, the Nasdaq and the broad-market S&P 500 began to show signs of weakness a few days before the unofficial end of summer. We’ve seen these patterns before, and yet these rapid changes…

We hope you and yours are well as we approach the end of summer, a time of change even during more normal times. As we all prepare for this busy period, we wanted to share with you a look back at the markets and economy over the past month of this record-breaking year. The S&P…