TED Talks
As humans, when facing something new, we tend to compare against things we are familiar with to draw parallels and establish expectations. The COVID-19 pandemic is no exception. Unfortunately, there are few historical precedents for this kind of event or its impact on the modern economy. Last 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. The 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. It 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. Whew…what a week! It brings me back to my first year in the industry. I reported to work the first week of January 2008. Little did I (or anyone else for that matter) know we were on the doorstep of a huge market downturn.Should Mortgage Rates Be Lower?
Submitted by Trott Brook Financial on May 19th, 2020
Bear Market Rallies
Submitted by Trott Brook Financial on May 8th, 2020
Roth Conversions
Submitted by Trott Brook Financial on April 17th, 2020
Season Flu vs. COVID-19
Submitted by Trott Brook Financial on April 13th, 2020
Why the Fed buys Bonds
Submitted by Trott Brook Financial on April 3rd, 2020
CARES Act
Submitted by Trott Brook Financial on March 31st, 2020
Market Update
Submitted by Trott Brook Financial on March 23rd, 2020
The Effects of the Coronavirus
Submitted by Trott Brook Financial on March 18th, 2020
A Wild Week
Submitted by Trott Brook Financial on February 28th, 2020
I've always had an insatiable curiosity about the world. Some of my favorite topics to read about are history, investing, economics, business and psychology. I enjoy learning and sharing new-found knowledge with others.