Sharing some perspective from our Capital Group resources. Knowledge is empowering and can support you to remain focused on your goals.
Insights from Capital Group
Heading into 2020, there was little doubt that the U.S. presidential election would be the biggest story of the year. The coronavirus pandemic drastically changed that narrative, pushing the election aside as a health care crisis triggered the worst economic downturn since the Great Depression.
By Guest Blogger Laura K. Biederman, Esq, Long & Foster Real Estate
By Todd I. Youngdahl, CFP® and Maura C. Schauss, CFP®
How’s your 2020 going so far? Unsettling? Unexpected? You’re not alone. The world as we know it has been turned upside down by five letters and a number: COVID-19. While the coronavirus pandemic is at its core a health issue, the downstream effects of it on other aspects of our society have been significant, perhaps the greatest being economic. As we reach the mid-year point of 2020, let’s take a look at what is going on in the economy, most of which can trace its roots back to COVID-19.
- The federal income tax deadline for filing 2019 tax returns has changed from April
- When stocks do decline sharply, this can serve as a reminder that pullbacks are a regular part of investing.
By Maura Schauss, CFP® and Todd Youngdahl, CFP®
As global markets continue their roller coaster ride due to fears surrounding the novel coronavirus (COVID-19), our most recent bull market officially turned into a bear market. But what does that mean? And are we on the verge of another recession like the one we had in 2008?
By Maura C. Schauss, CFP® and Todd I. Youngdahl, CFP®
On August 21, our current bull market passed 3,453 days old, making it the longest on record. For years, people have been predicting and anticipating the next bear market, but it looks as if it is going to stay in hibernation for a little while longer. Let's take a closer look.
By Maura C. Schauss, CFP® and Jane Huang, MBA, CFP®