Some additional relief to companies who have continued to be shut down or are operating at a significantly reduced capacity should provide companies the ability to stay afloat.
Months of back and forth on a stimulus deal finally produced an agreement. Proposals in the trillions were whittled down to under 1 trillion. Still, the second-largest stimulus in the history of the country, fiduciary financial planning advisor Josh Smith of Strategic Wealth Designers joined the newscast to highlight who’s going to benefit the most.
Fiduciary financial planning advisor Rob De Lessio of Strategic Wealth Designers says every year billions of dollars end up being taxed that could have potentially been repositioned to lighten the burden owed.
Many stocks like MGM, Delta, and Carnival soared with the news of the vaccine. Conversely, Zoom, Pelaton, SLACK, and Netflix saw major declines as they’ve been dubbed the ‘stay-at-home’ stocks.
A financial planning advisor says the stock market won’t be affected near as much by the winner of the election as it will by the continued coronavirus headlines.
Independent wealth management advisor Josh Smith of Strategic Wealth Designers says the economy doesn’t need another factor to make it jumpy. He says the current situation is going to have a lasting impact on how Americans view the pandemic going forward.
This past week some states have begun to announce a full re-opening with no restrictions in place. Fiduciary financial planner Josh Smith of Strategic Wealth Designers says to expect a domino effect of other states following suit in the next month or so.
2020 has been a difficult year for millions across the country. Many have found themselves out of work with little to fall back on. Creating an emergency fund is imperative regardless of good or bad times.
July and August saw strong growth in the stock market even while the economic recovery has been slow. September has opened with the market pulling back off highs as investors gauge the ongoing struggles in the economy.
The stock market fell by 34% in less than a month from the middle of February into early March. Just as quick, the stock market saw the fastest 20-day rise in the entire 100-year history of trading.
When the coronavirus pandemic began hitting the United States with full force in early March, many did not consider the pandemic would stretch into the new school year,
To talk about the economic destruction that could be caused by an online-only learning environment for Kentucky is independent fiduciary financial advisor Rob De Lessio of Strategic Wealth Designers.
This past week CEO Brian Chesky of Airbnb, the worldwide travel website for renting private homes said travel will "never, ever go back to the way it was pre-COVID." Josh Smith of Strategic Wealth Designers says the virus likely won't change the industry in the longterm.
We know that restaurant owners faced many challenges during the COVID-19 pandemic. Thankfully many spots have opened back up, and one well-known Lexington restaurant owner is trying something new to give diners a fresh experience.
With more than 40 million Americans filing for unemployment over the last several months, experts are trying to figure out what the future economy will look like.
