Insights

Posted on July 20, 2020

The Week Ahead: July 20, 2020: Find Out How Realistic Travel Will Be This Summer and Register For Our Prospect Webinar Taking Place This Thursday, July 23rd at 4:15pm! …all this and more in The Week Ahead!

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The Week Ahead

Your Weekly News and Updates

July 20, 2020

True Hospitality: Amazing Relief Efforts Worth Pitching in On
In a moving response to the global pandemic, chefs and hoteliers across the globe are producing thousands of nourishing meals to fuel frontline workers by day and providing comfortable beds for them to sleep in at night.

For beleaguered doctors and nurses, staying near the hospital and avoiding the risk of bringing the virus home to their loved ones can be lifesaving.

Click here to find out how you can help frontline workers!

 

BREAKING NEWS

New Stimulus Package—Here’s The Key Timeline
Forbes Article Provided by Taylor Financial Group, LLC
What’s the timeline for the new stimulus package? Here’s what you need to know. There’s much anticipation about the new stimulus package, which could include several benefits for the American people and businesses, such as: second stimulus checks, unemployment benefits, payroll tax cut, return to work bonus, payment protection program, liability protection, funding for states and schools, other economic priorities. When will the next stimulus happen? Here’s the key timeline so you have full transparency about the legislative process…Read More

TAX SEASON IS OVER WEDNESDAY, JULY 15TH! PLEASE SEND US YOUR RETURNS!

The filing and tax payment deadlines will officially end Wednesday, July 15th! Please click here on how to (and why you should) send tax returns to us.

 

REGISTER FOR OUR NEXT PROSPECTIVE CLIENT WEBINAR

July 23rd, 2020 at 4:15pm

You won’t want to miss this!

10 Things You Should Be Doing For Your Portfolios – With Market and COVID-19 Updates
This Webinar is designed for prospective clients but all are invited!
Register for our webinar to learn the top 10 things you should be doing for your portfolios!
Reasons To Attend Our Webinar:
  1. Find out what Taylor Financial Group provides to our clients, which sets us apart from other firms
  2. Find out how we help our clients pursue their life long dreams.
  3. Stay informed on the stock market and the economy and what is coming next
  4. Learn how to navigate market volatility when it comes to your portfolio and ways to help profit from it
  5. Hear Debra Taylor, Founder and Wealth Advisor, share stories on how she has helped clients for over 20 years manage their wealth and try to help them come out ahead in turbulent markets

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:
  1. Moderna’s vaccine trial looks promising and is expected to be the first in the U.S. to begin Phase 3 trials on July 27.
  2. Cases have spiked significantly in the Sunbelt states, and Florida now has over 300,000 cases.
  3. China became the first major economy to return to growth since the pandemic, posting +3.2% GDP growth in the second quarter of 2020 amid an aggressive push to combat the virus.
  4. Tech mega caps continue to lead the rally. FAANGM accounts for over a quarter (26%) of the S&P 500 market cap share.

Click here to access your own copy!

 

ECONOMY

This recession has exposed key myths, misconceptions about the economy. Here’s how
Yahoo News Article Provided by Taylor Financial Group, LLC
The current economic downturn has been odd in so many ways. Why shouldn’t it expose some economic myths and misconceptions as unreliable, if not outright untrue? When it comes to understanding the relationships involving home prices, bank deposits, interest rates and unemployment, many disconnects arise. Here are a few…Read More

ESTATE PLANNING

7 Estate Planning Things You Must Do in the Time of Coronavirus
Horsesmouth Article Provided by Taylor Financial Group, LLC
If you get sick and require hospitalization due to COVID-19, you will be immediately isolated from family. So the time to finish up any unresolved advance planning and organization is now…Read More

CORONAVIRUS UPDATES

The Covid-19 changes that could last long-term
BBC News Article Provided by Taylor Financial Group, LLC
From the extinction of the daily commute to transforming our relationship with food, Covid-19 is changing our world already – and in some ways, it looks set to get better…Read More

HEALTH AND WELLNESS

Yes, you can travel this summer. But should you?
Vox Article Provided by Taylor Financial Group, LLC
There was a brief period from about late March to mid-May, during the first spike in coronavirus cases in the US, when domestic air travel virtually ground to a halt. Only about 100,000 people were traveling per day, compared to the pre-pandemic rate of more than 2 million daily travelers. Some flyers were greeted with nearly empty planes. Then, as states started to open up, the number of flyers began to rise significantly, averaging about 575,000 per day for the last week of June, with little sign of slowdown…Read More

INVESTMENT AND PLANNING DEADLINES ARE APPROACHING!

Get ahead of the deadlines!
Click here to check out your Financial Planning and Investment deadlines for Summer 2020!

CURRENT STATE OF THE MARKET

Weekly Market Commentary 7.20.2020
Published by The Carson Group, LLC
Evidence for a sharp, although possibly brief, economic recovery continues to mount. As shown in Figure 1, retail sales rebounded another 7.5% in June and are now 1.1% higher than a year ago. Signs of economic reopening showed up throughout the data released last week. Internet retailers saw a slight decline in sales from the previous month as shoppers welcomed the chance to return to stores…Read More

Quote of the week:

“LEARN TO EXPRESS RATHER THAN IMPRESS”
– JIM ROHN –

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Have a question for Debbie about retirement planning in Allendale, NJ?

Click here to schedule a 20-minute complimentary phone consultation

 

 

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