economy
The Lumber Bubble has Popped
Submitted by Trott Brook Financial on September 13th, 2021How can stocks be up when the economy is down?
Submitted by Trott Brook Financial on August 25th, 2020CARES Act
Submitted by Trott Brook Financial on March 31st, 2020Last Friday, the United State Congress passed the largest financial rescue bill in the country’s history and the president signed it into law. The total package, known as the Coronovirus Aid, Relief, and Economic Security Act, is valued at over $2 trillion which amounts to about 10% of the entire economy. The scope of this fiscal deal is immense.
Market Update
Submitted by Trott Brook Financial on March 23rd, 2020The dual battle against the covid-19 virus and resulting financial turmoil continues. As it happens, in my annual State of the Markets presentation this year, I spent some time discussing economic history. This is a subject I’ve been increasingly reading about over the last 18 months.
The Effects of the Coronavirus
Submitted by Trott Brook Financial on March 18th, 2020It has been an extraordinary month as the reality of the spreading coronavirus and its economic consequences sets in. Unfortunately, the playbook for managing a pandemic of this nature will most certainly result in a hit to the economy. This crisis will pass, but the consensus among experts is it will likely take months.