Quick Response Resource Center

Timely Information and Updates 

Our team has created this resource center in order to provide you with unbiased data, time sensitive information and industry updates.

We understand that market volatility and uncertainty in the economic outlook can be unsettling. There is a lot of information, and sometimes misinformation available, so we are providing the following resources in an attempt to inform and empower our clients.

April Market Review

May 3, 2021 The markets continue their upward trend, supported by accommodative fiscal policy from the Federal Reserve, strong gross domestic product (GDP) numbers and solid earnings reports. As President Biden celebrated his 100th day in office to close the month, the traditional favorable equity market performance during the so-called “honeymoon” phase continued, with the S&P 500 rallying about 10% over that time frame. The S&P 500 ended April up 5.24%, its third consecutive positive monthly gain. The Dow Jones and NASDAQ reached new highs as well. Driving the equity market higher is the rapid distribution ...
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Sherry Holley Q1 2021 Market Update

First Quarter 2021 Market Update and a Close Look at Inflation

First Quarter Market Update The first quarter of 2021 witnessed a boost for the economy as the continued expansion of the vaccine rollout and the passage of the almost $2 trillion stimulus bill was reflected in rising gross domestic product (GDP) estimates, a further move up in equity prices, and a steady rise in interest rates. The S&P 500 Index, which measures large stock performance, is up 5.77% through the end of March and the Dow Jones Industrial Average measure of the stock performance of 30 large stocks is up 7.76%. The tech-heavy NASDAQ index is ...
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March Market Review

April 1, 2021 Investors may have been hoping for March to go out like a lamb, but it seems the month simply marched on. The big news came with the passage of the latest stimulus bill, which injected trillions into the economy, and the release of the Ever Given, a giant container ship that had gotten stuck in the Suez Canal, which hampered shipping worldwide. The continued progress of the vaccine rollout and the passage of the stimulus bill created major tail-winds for the economy, reflected by rising gross domestic product estimates, a further move up ...
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February Market Review

March 2, 2021 Though the shortest month, February was long on optimism. Vaccinations increased in pace, and market consensus seems to be coalescing more around the idea of a strong economic rebound this year. Continuing accommodative policy from the Federal Reserve (the Fed) and the expectation that Washington will produce another round of fiscal stimulus play into the reaction we’ve seen in the market. Through that, we saw the equity market gaining 2.8% with seven of 11 sectors in the green. We did see volatility late in the month as the speed of rising rates caught ...
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January Market Review

February 1, 2021 February begins with a stack of important economic scorecards. Among them are the last of the fourth-quarter corporate earnings reports, last week’s assessment of the 2020 gross domestic product (GDP), unemployment figures, consumer spending, as well as all the other regular reports that give us a snapshot of our recent economic history. We’ve also seen our first glimpses – and first tangible evidence – of the new administration’s priorities. And adding to the list is a new scorecard – a tally of the first full month of COVID-19 vaccinations. It’s a new year, ...
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Markets Experience Bumpy Ride

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. Volatility was especially present, however, in a handful of stocks that experienced unusual activity involving a form of speculative investing called short-selling. While all investment strategies contain some level of risk, short-selling, options trading, or going long on a stock, involves ...
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Investment Strategy Quarterly: January 2021

        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 not be indicative of future results. Economic and market conditions are subject to change. The Dow Jones Industrial Average is an unmanaged index of 30 widely held stocks. The NASDAQ Composite Index is an unmanaged index of all common stocks listed ...
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End-of-year Market Review

January 4, 2021 While we know the turning of the digit from 0 to 1 didn’t change the alignment of the universe, December’s developments make it easier to approach the new year with a feeling of new possibilities. Vaccines are being distributed, the major market indices show between modest and stellar growth and some of the sectors of the economy most diminished by the pandemic are demonstrating strength. As Raymond James Chief Investment Officer Larry Adam put it, “December punctuated a surprisingly strong market year with an exclamation point.” For much of the year, the story ...
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November Market Review

December 1, 2020 As we know, there is nothing inherently unique about big number milestones, but nonetheless, seeing the Dow Jones Industrial Average close over 30,000 for the first time certainly feels special – especially considering the year we’ve experienced. The difficulties facing the economy and the markets shouldn’t be understated, but through November the promise of normal was seemingly a powerful counter. As COVID-19 cases continued to reach new highs, investors were bolstered by positive developments, the greatest of which was encouraging news about three COVID-19 vaccines that were shown to be highly effective through ...
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Make Your Retirement Contributions Count

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 as you can as early as possible allows those assets more time to potentially grow and compound. Keep in mind that contributions generally must be made before you file your tax return in April.   You may also contribute up to $19,500 ...
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Market Leaps at Positive Vaccine News

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 the markets, adding another historic moment to a year chock-full of them. Already buoyed from the weekend announcement of former Vice President Joe Biden’s 2020 presidential election win, the broad-based S&P 500 and Dow Jones Industrial Average indices recorded massive gains ...
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Wall Street Watching Election Results

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 deal with the ongoing pandemic and seek answers to uncertainty surrounding the global markets and economies, taxes, monetary policy and further fiscal stimulus. Initial results, including some from closely watched battleground states, caused the markets to rally Wednesday morning. While markets ...
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Politics, Pandemics, and Performance

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 average for the first time in three weeks. While moves like this are uncomfortable and never easy to digest, it is important to put the decline in perspective, cautioned Raymond James Chief Investment Officer Larry Adam. For the S&P 500, it ...
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COVID Guidelines

‘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 Centers for Disease Control and Prevention (CDC) to implement increased safety measures and operational changes. We are doing this in 5 main ways:   Practicing healthy hygiene by frequent hand washing, and wearing cloth face masks Intensifying cleaning, disinfecting, and ventilation ...
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Equities Pullback From Early September Highs

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 S&P 500 slid more than 2% from the previous week, off about 7% from its recent highs earlier this month. Large-cap tech names, which had experienced a run up in recent months, began to drag on the broader markets this week, ...
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Putting Market Activity Into Perspective

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 can still be a bit unnerving, so we thought you’d like to see 10 things investors should know from Raymond James Chief Investment Officer Larry Adam. Among his insights? The market still posted the best return for a summer (Labor Day ...
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S&P 500 Climbs Over 7% in August, Attains New All-Time High

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 500 hit a new high on Aug. 18 for the first time since February, making up for the losses in March, and continued to climb through the month. Technology and large-cap companies led the way, continuing the “tale of two markets” ...
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See How We Give the Information You Need – When You Need It

In addition to a carefully constructed long-term financial plan, working with Gratz Park Private Wealth gives you ready access to vital information. Whether it’s logging in to Client Access to track all of your accounts in one secure place or reviewing important investment disclosures, you can get the information you need – when you need it. From virtually anywhere. Client Access Discover the ease and convenience of having online access to your Raymond James accounts with Client Access. Whether you want to get a look at the big picture or analyze the details of your portfolio ...
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Second Quarter GDP Report Reflects Early Pandemic Response

The U.S. economy contracted 9.5% through the second quarter, the worst single-quarter decline in gross domestic product (GDP) since the Commerce Department started tracking it in 1947. It was expected the report would show a dip, but it’s important to recognize what that dip represents. It does not attest to the economy’s current trajectory, just the most stringent period of pandemic lockdown. There are plenty of reasons to believe the third quarter will see a sharp rebound, though the specifics will likely be shaped by the coronavirus, as U.S. Federal Reserve Chairman Jerome Powell said. The ...
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Mixed Results in June; Tech Stocks Continue to Outperform

The equity market hit a year-to-date high in June but was tempered by emerging coronavirus cases as states slackened their isolation orders, ending with a near flat month after three months of sustained rebound from the March 23 low. The COVID-19 pandemic continues to drive fiscal and monetary policy, and as Federal Reserve Chairman Jerome Powell has said he expects the central bank to continue its support, Congress may soon start negotiating another round of fiscal stimulus. As the results of loosening restrictions play out, investors should expect some volatility as new cases arise and states ...
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The CARES Act Passed Into Law

The CARES Act Passed Into Law From rebate checks to small business support, there’s a lot packed into the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was signed into law on Friday. The $2+ trillion emergency fiscal stimulus package is intended to mitigate some of the economic effects of dealing with COVID-19. Here’s a look at some of the key provisions. A check – Based on income and family makeup, most Americans can expect to receive $1,200 individually ($2,400 for joint filers) and $500 per dependent. Amounts phase out for those who reported adjusted ...
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Volatility Continues as Fiscal Stimulus Package Takes Shape

Market Volatility Tip: If you had invested in the stock market from 1999-2018, and not touched it, your money would have nearly tripled. But if you had traded in and out and missed out on just the 10 best-performing stock market days over that 20 year period—your returns would have only been half of that.   The economic effects of COVID-19 have accelerated quickly and the financial markets are experiencing heightened volatility. The major U.S. stock indices rise on positive news, such as the president’s call on Tuesday for lawmakers to pump $1 trillion into the ...
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