Investment Commentary –December 8th, 2020 Year to Date Market Indices as of December 8th, 2020 • Dow 30,173 (5.73%) • S&P 3,702 (14.59%) • NASDAQ 12,582 (40.24%) • Gold $1,863 (22.64%) • OIL $46.10 (-24.77%) • Barclay Bond Aggregate (4.81%) • Fed Funds Rate 0-0.25 (0-0.25) Stocks Rise, Bonds Dip Amid Hope for Stimulus [...]
Hello and happy Monday to everyone. I hope you had a great Thanksgiving even in these Covid crazy times. Myself, we did not have our usual amount of family over for Thanksgiving to minimize and be safe. Now that we are past the election and fully bought back into the models, this will be the [...]
Hello and Happy Monday to everyone. First, a Happy Thanksgiving to everyone. We will not be producing a Monday email next Monday, November 23, the week of Thanksgiving. Second, Affinity is buying back in your risk models this Wednesday 11/18/20. We are setting a date so you can have time to call us if you [...]
Hello and happy Monday to everyone. Is the election over? President Trump’s party says no, with multiple lawsuits coming out today on states he wants recounted. Unless there is evidence for his lawsuits, those should be over soon. Both presidential candidates had record turn out in votes. More votes this last week than any other [...]
Hello and happy Monday to everyone. Good news and bad news. Bad news first; some of us will not like the results after tomorrow but the good news is that the election is finally tomorrow! I am looking forward to not seeing the dramatic political commercials anymore. Though, I will plant the seed that the [...]
Hello and happy Monday to everyone, This is a really good email here today. I was able to get out and vote last week in person. Lines were long but part of that was 6’ distance in line for social distancing. What I could see and count, there were over 200 people ahead of me, [...]
Hello and happy Monday to everyone, Voting is open now. Official election day is next Tuesday, November 3rd, which is only 2 weeks away. Certain voting centers are open in your county this week Monday-Saturday if you plan on voting in person. Check your local area for times and locations. We encourage everyone to vote. [...]
Hello and happy Monday to everyone, Have you heard of the term ‘priced in’? This is by no way an exact science but the term ‘priced in’ refers to the market is already adjusting for something that is expected to happen, but hasn’t yet happened. I bring this up because I continue to receive information [...]
Hello and happy Monday to everyone. Well today, Affinity got back one of our own in the office, clear of Covid-19. Yeah. Symptoms were minimal. But regardless, healthy and back to work in the office. Bad news, we have now another one working from home starting today. That teammate’s daughter was spending time with her [...]
Happy Monday to everyone. Big Monday Night Football game tonight, Chiefs at the Raven’s stadium. Update on our Affinity employee with Coronavirus; this person experienced cold like symptoms and is now feeling much better. We plan on welcoming this person back to work from home work-quarantine next Monday. ☺ Side note; each and every person [...]