By Tom Burnett CFA According to the February 5, 2021 issue of the FACTSET earnings report, the final quarter of 2020 will show year-over-year S/P 500 earnings growth of 1.7%. The first three quarters of the year all turned in negative comparisons. The latest forecast is for earnings of $139.97 for…
By. Tom Burnett CFA On February 5, 2021, the Bureau of Labor Statistics announced that total employment in the U.S. economy rose by 49,000 in the month of January. The unemployment rate declined from 6.7% in the prior month to 6.3%. In February 2020, before the impact of COVID-19, the rate was just…
On January 28, 2021, Starboard Advisors and Kelleher Financial Advisors hosted a webinar, for our clients and friends. Panelists Bart Weisenfluh, CFP, and Colleen Kelleher Sorrentino, CFA were joined by Chat Reynders, Chairman & CEO of Reynders McVeigh Capital Management.
By Tom Burnett CFA On January 28, 2021, the Bureau of Economic Analysis announced the GDP figures for the final quarter of 2020. The real GDP output rose by an annual rate of 4.0% compared to the level achieved in the third quarter. The impact of the COVID-19 outbreak is clearly shown by the..…
By Tom Burnett CFA On January 27, 2021, the Federal Reserve Open Market Committee issued a strong statement in support of the Board’s “easy” monetary policies. The FOMC voted unanimously to continue its low-interest rate stance. The Board is targeting an inflation rate averaging 2% over a measurable…