Source: The US Department of Labor, March 24, 2020 WASHINGTON, DC – Yesterday the U.S. Treasury Department, Internal Revenue Service and the U.S. Department of Labor announced that small and midsize employers can begin…
Thought Leadership
The Effect of COVID-19 on Businesses As the COVID-19 pandemic sets in the United States, many businesses are being forced to close their doors. How is the pandemic effecting the local pizzeria versus the Airlines? Outside…
“I’m recovering from a cold. I’m so full of penicillin that, if I sneeze, I’ll cure someone.” Tommy Cooper Maybe you have heard the expression “the cure is worse than the disease.” This is a…
Coronavirus Chaos The markets didn’t respond well to the Federal rate cut on Sunday, schools are closing, major sporting events have been called off and toilet paper has become a hot commodity. Small shifts in behaviors…
Yesterday, March 12, I made a presentation to a group of people here in Birmingham about the macroeconomic impact of COVID-19. More correctly, I was one of three speakers in a brief morning seminar. As such,…
Interest Rates & Crude Oil Prices Some market experts have long maintained you can predict future economic growth by looking at interest rates and crude oil prices. Are today’s low rates and crude oil prices building…
“When you live in hysteria, people tend to think emotionally.” John Mellencamp While the stock market gets most of the headlines, the recent price action in the bond market has been breathtaking. To most people,…
David McGrath Associate Managing Director, Wealth Management As the reaction to the coronavirus starts to have an impact on consumer and business spending, the expectation of 2020 S&P 500 earnings are falling, and no one…
COVID-19 After an awful week in the markets and the worst few days in DOW Jones history, John and Sam give an update on COVID-19 and how coronavirus fears are impacting the stock market. How much…
Climate Change & Cows Recently, I have seen and read more about activists demanding ‘we’ shift to a plant-based diet. After all, hooved animals, of all varieties (but mostly assumed to be cattle), generate anywhere from…