Uncategorized
Recovery: COVID-19 First, Then the Economy
The World Health Organization recently reported that while some countries have made effective inroads to contain COVID-19 within their borders, the pandemic is still well on the rise throughout the…
Read MoreU.S. Coronavirus Response Compared to the World
The COVID-19 pandemic has been a struggle around the world, and the United States is no exception. It is worth looking at individual factors to gauge just where we stand…
Read MoreProspects for the Automotive Sector
We take a lot for granted, including the condition of the car that sits in our driveway. During the coronavirus pandemic, those cars have been sitting idle much more than…
Read MoreHow Might the Economic Downturn Affect Dividends?
If a large allocation of your retirement portfolio is invested in dividend-paying stocks, you might see your household income reduced this year. During the Great Recession, dividend payouts dropped by…
Read MoreSocial Security Woes
In 2000, actors Helen Hunt and Kevin Spacey starred in “Pay It Forward.” The premise of the film is that a person repays a favor by offering small acts of…
Read MoreWhat Might Be Next — Inflation or Deflation?
Consumer prices fell by 0.8% on a seasonally adjusted basis in April, the biggest drop in more than a dozen years, the Bureau of Labor Statistics reported. Conversely, prices for…
Read MorePost-Pandemic Job Market
Preservation Specialists, LLC | It will be interesting to see how the job market fares over the next few months. While millions of workers have been laid off due to…
Read MoreThe Pandemic’s Financial Toll on Women
In April alone, the U.S. lost more than 20 million jobs — increasing the unemployment rate to 14.7%. Researchers say one of the demographics hit hardest during the pandemic is…
Read MoreAre the Stock Market and the Economy Out of Sync?
In normal times, the stock market is often a reflection of the economy. But these are not normal times. Even though April was marked by a global shutdown of businesses,…
Read MoreThe Perks and Pitfalls of Self-Employment
Sole proprietors in the U.S. caught a huge break in April. The Paycheck Protection Program, borne out of the economic hardship caused by the COVID-19 pandemic, became available to solo…
Read More