WEEKLY MARKET UPDATE

Weekly Market Update

March 23, 2020

General market news              

  • The world is battling COVID-19, and we don’t yet know the negative effects it will have on society and the economy. We should expect to see high levels of volatility until we as a nation have a better grasp on the times. Two weeks ago, the 10-year Treasury yield was at a historical low of 0.31 percent. It spiked to 1.27 percent last week but opened at 0.80 percent Monday morning. To try to offset some of the damage, the Federal Reserve cut rates, and Congress is discussing an unprecedented stimulus package to influence the markets going forward.
     

continue reading by downloading PDF below

Weekly Market Update

March 16, 2020

General market news              

  • Yields continued to show volatility throughout last week. The 10-year Treasury yield rose from a Monday low of 0.34 percent to as high as 0.98 percent on Friday. A surprise rate cut from the Federal Reserve (Fed) on Sunday, along with additional quantitative easing plans (more below) spooked investors, leading the 10-year Treasury back down to 0.77 percent at Monday's open.
     

continue reading by downloading PDF below

Weekly Market Update

March 09, 2020

General market news              

  • Last week marked a historical event in the U.S. treasury market, as the entire yield curve moved significantly lower. The 10-year Treasury yield now stands at 0.41 percent, but it was as low as 0.31 percent late last week—and it stood at 1.60 percent three weeks ago. The 30-year yield is now at 0.85 percent, and the 2-year yield stands at 0.25 percent. The Federal Reserve (Fed) cut rates in an intra-meeting move and will likely drop rates again when it meets on March 18.
     

continue reading by downloading PDF below

1 / 32

Please reload

  • Instagram
  • Facebook - White Circle
  • Twitter - White Circle
  • LinkedIn - White Circle

Pickler Wealth Advisors   |   901.316.0160   |   1135 Halle Park Circle   |   Collierville, TN   |   38017

Forbes' Best-in-State Advisor
Five Star Wealth Manager
Winner of 2019 Catalyst Award
Featured in Kiplinger's Finance
Barron's Top Advisor

This communication strictly intended for individuals residing in the states of AL, AR, AZ, CA, CO, CT, DC, FL, GA, HI, IL, IN, LA, MD, MI, MO, MS, NC, NE, NJ, NV, NY, OH, OK, PA, SC, TN, TX, VA, WA, WY. No offers may be made or accepted from any resident outside these states due to various state regulations and registration requirements regarding investment products and services.

 

Investments are not FDIC- or NCUA-insured, are not guaranteed by a bank/financial institution, and are subject to risks,

including possible loss of the principal invested.

 

Securities and advisory services offered through Commonwealth Financial Network®.

Member FINRA ,SIPC, a Registered Investment Advisor.

The Pickler Law Firm, LLC, Pickler Accounting Advisors, PLLC, and Commonwealth Financial Network are separate and unrelated entities.

© Pickler Wealth Advisors. All rights reserved. 2020.

  • Instagram
  • White Facebook Icon
  • White Twitter Icon
  • White LinkedIn Icon