Coronavirus Update: We are well equipped to address your financial/investment/retirement planning remotely through telephone and video conferencing. Per CDC guidelines, mask wearing is now optional for in-office meetings. For those who were recently exposed, or who are experiencing symptoms, we ask that you inform us, wear a mask, and keep a safe distance. Please call us at 305-931-3200 for further details about our services during COVID-19.
Potential Paths for Stocks in the Second Half
Submitted by Frye Financial Center on June 16th, 2020
Stocks staged perhaps the strongest rally in history—a more than 44% gain for the S&P 500 Index from March 23 through June 8—before pulling back about 3% late last week. With so much economic healing ahead of us and a still-uncertain path for COVID-19, the key question for investors is whether stocks are pricing in an overly optimistic scenario for the recovery in economic activity and corporate profits. Read more.