Blog Investment & Financial News
2020 1st Quarter Commentary
Market Summary The longest bull market in US history came to an end. Global equities fell into bear market territory due to a worldwide pandemic. The year started well, but as fears about COVID-19 spread and it became clear that there was a severe global pandemic on hand, markets responded quickly and severely. The…
Guide to Working from Home
Tips and Tricks Working from home can be a big adjustment for some people. This can be especially true for those who are accustomed to routine workdays that include getting up, driving to the office, and sitting behind a desk. Change can be severe, but with the COVID-19 pandemic and the use of “social-distancing,” many…
Coronavirus Aid and Economic Security (CARES) Act Passes
The Coronavirus Aid and Economic Security (CARES) Act was signed into law on March 27th. While there are many details to work out in implementation, we wanted to run through a couple of the highlights with you. We start with a few of the provisions that apply to everyone, including the rebate checks. We follow…
Commentary – Coronavirus 3.19.20
Our everyday lives have changed dramatically over the last few weeks as we work together to minimize the impact of the COVID-19 pandemic. We know these efforts are necessary, but they also have come at a cost. Stocks have entered a bear market and a global recession seems almost certain as people stay home and…
2020 COVID-19 Resource
Important Update Coronavirus Update We Are Prepared and Ready to Help. As the situation with the coronavirus (Covid-19) continues to develop, we want you to know that your team at Leonard Rickey Investment Advisors remains ready to help support you. In light of local health departments urging “social distancing,” we have implemented several measures of…
Current Situation
Current Situation The spread of the coronavirus (COVID-19) is impacting not just lives but also the financial markets. While much is unknown at this moment, there is one thing we can be fairly sure of: it’s not the last crisis we’ll ever face. Stocks have faced many crises from wars to impeachment to banking crises…
Coronavirus Fears Hit Markets
Coronavirus worries officially enter the market as pessimism has shifted from the impact on China to the outbreak to other countries, like South Korea, Italy and Iran amongst others. The market contracted over 3% today (so far). It is important to note that, although uncomfortable, big drops are normal. S&P averages more than five 2% drops…
2020 Second Quarter Commentary
Market Summary The second quarter was nearly a mirror image of the first, as investors’ appetite for safety in the first quarter turned into an appetite for risk in the second quarter. The first quarter saw the fastest ever bear market – down 34% in 20 trading days – before recovering to finish down 20%…