97 Search Results for: covid

  • Market Commentary: Chinese GDP Grew in 2020; U.S. Corporations Outperform Q4 Expectations.

    Posted on January 25, 2021

    Chinese GDP grew 2.3% in 2020, making it the only major economy to grow last year. In the fourth quarter, the Chinese economy grew 6.5% as China continued to gain ground on the U.S. economy. The growth was led by strong performance in industrial production, which rose 7.3% in December, compared to a year earlier.

    Read more
  • Market Commentary: Biden Proposes New Stimulus Package as Signs Point to Economic Slowdown

    Posted on January 19, 2021

    The signs of an economic slowdown continue. Initial jobless claims, which are released weekly, spiked to 965,000 last week. Claims increased by 181,000 and marked the highest weekly total since mid-August. Continuing claims increased 199,000, indicating those losing work are not finding new employment right away. Based on other data points, many of those filing for unemployment expect to be rehired when newly imposed restrictions are reduced.

    Read more
  • The Week Ahead: January 4th,2021: Register for our upcoming webinar, Stimulus Check Update, COVID-19 update, all this and more in The Week Ahead!

    Posted on January 18, 2021

    The Week Ahead Your Weekly News and Updates January 4th, 2021

    Read more
  • January 2021: The Client Connection

    Posted on January 18, 2021

    January 2021 The Client Connection From the Desk of Debbie… Happy New Year! The New Year brings resolutions, goals, and new ideas at TFG. As you also know, we are constantly looking for innovative ways to service our clients. With that in mind, we wanted to share our market thoughts and some of our newest initiatives for 2021. Equity Markets 2020 was an extraordinary year for equity markets. The S&P 500 (and most market indexes) finished positively despite the S&P 500 Index losing approximately 33% from late February through March during the initial panic resulting from the Pandemic. Technology was…read the full article

    Read more
  • 2020 Our Year in Review

    Posted on January 18, 2021

    OUR BEST OF 2020 The year 2020 was a year unlike any other Just weeks into the year, COVID-19 upended life as we knew it, but we are hopefully starting to heal…     Thanks for Sticking Around! We are Thrilled to Have You! At Taylor Financial Group, our sole focus is on our clients and providing an amazing client experience to all of you. Indeed, we are proud to say that in 2020 we had 100% customer retention. More than 43% of our clients have been with us for more than 10 years. And many of you have been with us…read the full article

    Read more
  • Market Commentary: Markets Start the New Year Strong Despite the Chaos in Washington

    Posted on January 11, 2021

    The vivid pictures and appalling actions in Washington, D.C., Wednesday captured the attention of the globe, but not the interest of markets. The Democratic sweep in the Georgia Senate races didn’t attract a lot of interest from investors either. Neither were markets fazed by the first loss of jobs in a monthly employment report since the recovery began.

    Read more
  • Help Improve Your Financial Plan This Year with These One-time Adjustments

    Posted on January 4, 2021

    It’s no secret that many people do not keep their New Year’s resolutions. Every year around this time, gym memberships go up and personal planners fly off the shelves. A few weeks later, the planner gets left on the train and the gym, well, it’s just so far out of the way! New Year’s resolutions have a whopping shelf life of about a month, and only 20% or so make it further.

    Read more
  • Market Commentary: S&P 500 Finishes the Year at a Record High, Unemployment Numbers Decrease Slowly

    Posted on January 4, 2021

    The S&P 500 wrapped up a surprising year with another strong week. The index of large-cap stocks, including dividends, climbed 1.5% and finished 18.4% higher for the year. Figure 1 shows the performance of the S&P 500, ex-dividends, in 2020 and just how far stocks have roared back from their lows.

    Read more
  • Market Commentary: Trump Signs New Stimulus Package as Vaccine Distribution Continues

    Posted on December 28, 2020

    The new stimulus package approved by the House and Senate was signed by President Trump Sunday night. The president had proposed upping the aid to individuals to $2,000 after the bipartisan agreement had been reached. Garnering support for that proposal would likely have proven difficult and economic urgency made signing the bill the logical choice. The need for additional support was evidenced by a 1.2% decline in disposable income (Figure 1).

    Read more
  • 17 Things You Need to Know About the New Stimulus Package

    Posted on December 23, 2020

    Congress passed the new $900 billion economic relief and spending bill on Monday. While most of the focus has been on a second round of relief payments to most Americans, there is plenty more in the 5,000-plus pages of the stimulus package.

    Read more