With cases of COVID-19 on the rise in America, the US Centers for Disease Control and Prevention has urged Americans to practice social distancing. Local businesses are likely to suffer greatly, but there are several ways you can support your favorite spots during this time.
March Madness was scheduled to begin yesterday but as everyone is already aware, March Madness has been canceled. As the timing might not be as relevant, I believe the information is still helpful. With the markets where they are today, it is more important than ever to make sure you are working with the right advisor.
A message from BWC on the Coronavirus and Stock Market Volatility. According to the CDC,1 the recent coronavirus (COVID-19) outbreak has claimed almost 5,000 lives and impacted nearly 132,000 people worldwide as of March 12th, 2020 and it has also injected a sense of uncertainty into the markets.
Interest rates continue to decline. How negative can these rates go? We have discussed the low interest rate environment (and our belief in its persistence) several times in the past few years.
Last month we talked about the unprecedented reduction in global warfare activity and its impact on global prosperity and wealth. This month we will address another phenomenon that is equally unparalleled in human history, the slowing of population growth. This too will drive a host of changes in public policy and how we live. It will also help propel a vast increase in per capita wealth.
In July of 2019, the House passed a new bill titled the “Setting Every Community Up for Retirement Enhancement Act,” or SECURE Act.1 The Senate approved the bill on December 19, 2019, and it was signed into law on December 20 by President Donald Trump. This sweeping bill offers several adjustments to our current laws surrounding saving and preparing for retirement.