The Week Ahead
Your Weekly News and Updates
August 3, 2020
A NEW ROUND OF STIMULUS CHECKS COULD BE ON THEIR WAY
Forbes Article Provided by Taylor Financial Group, LLC
Lawmakers are still hashing out some of the details for another coronavirus stimulus package, but they have agreed on distributing a second round of direct coronavirus stimulus payments to help those affected by the pandemic. Who will get the second stimulus payment? How much will the payment be? And when could the stimulus checks start going out? We break it down…Read More
WE HOPE YOU DIDN’T MISS OUR LAST WEBINAR…
Did you miss our last webinar: 10 Things You Should Be Doing For Your Portfolios – With Market and COVID-19 Updates?
Debbie discussed topics such as Biden’s Tax Plan and the New Stimulus Plan!
TAX SEASON HAS OFFICIALLY ENDED! PLEASE SEND US YOUR RETURNS!
The filing and tax payment deadlines have officially passed! Please click here for instructions on how to send your tax returns to us. Click Here for our 12-Point Tax Return Review Checklist that allows you to review specific details from your tax return for tax planning purposes.
COVID-19 WEEKLY INDEX
Every week, we will provide you with an updated COVID-19 Index that uses stoplights to indicate the financial stress on our health, economy and markets. It reviews the most recent data points and addresses where we are and then provides an Overall Assessment.
New This Week:
- U.S. GDP fell at a seasonally and inflation adjusted -32.9% annual rate in Q2, or a -9.5% drop compared with the prior quarter.
- Today, August 3rd, 2020, the White House and Democrats will resume negotiations on Coronavirus relief bill. They are trying to restore extra unemployment benefits after expiring for millions of Americans.
- Gold prices reached a new all-time high on Thursday, July 30, 2020, as it hit $1,960 per ounce. The previous all-time high was set in 2011 when it was $1,921 per ounce.
- “Big Tech” companies demolished Q2 earnings expectations.
A DANGEROUS GAP BETWEEN THE STOCK MARKET AND THE ECONOMY
The Economist Video Provided by Taylor Financial Group, LLC
American stock markets have enjoyed a record-breaking streak, even though the country’s economy faces the deepest recession in living memory. Why is stock market performance so seemingly cut off from current events, and what does this tell us about how the economy works?…Click on the photo to watch this short film
The Doctor of Risk Management
Stop Loss, Volatility, Stock Picking and More
The Money Tree Podcast Provided by Taylor Financial Group, LLC
ARE YOU NEARING RETIREMENT?
5 Questions to Ask Yourself 5 Years Before You Retire
Horsesmouth Article Provided by Taylor Financial Group, LLC
HEALTH AND WELLNESS
CNET Article Provided by Taylor Financial Group, LLC
Is it safe to invite people over for a pool party, or go to the beach or lake? With lockdown rules and recommendations fluctuating across the US while coronavirus cases continue to spike, there’s reason to ask how busy beaches and public swimming pools could contribute to heightening this wave of the pandemic…Read More
Published by The Carson Group, LLC
QUOTE OF THE WEEK:
“Don’t Expect a Great Day; Create One”– Bob Proctor –
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