Uncategorized

2020 Q2 Market Recap

The markets have quickly taken into account optimistic news on the new case counts, vaccine front, and amazing amounts of fiscal and monetary stimulus, posting a huge bounceback from last quarter with the S&P’s return of 20%.  Last quarter we posed: “The question going forward is how much does the harm spread throughout our economy.” …

Read more

June 2020 Monthly Recap

Monthly Market Recapfrom Clint Edgington, CFA 2020 continues to be a tumultuous year.  While we are still figuring out the impacts of Covid-19 we now are dealing with flaring tensions from policing tactics and racial tensions.  While we at Beacon Hill stand with both peaceful protests and safe policing, we maintain focus on our task to …

Read more

Paycheck Protection Program Flexibility Act

The Paycheck Protection Program Flexibility Act passed the House on May 28, 2020.  If enacted, the House bill will make a number of changes to the Paycheck Protection Program (PPP). Businesses that received a PPP Loan would have more time to use the funds, and a smaller percentage of the funds would need to be …

Read more

What is the Employee Retention Credit and How to Get It?

Businesses that had their operation partially or fully suspended due to government shutdown orders, or have had a 50% decline in gross receipts compared to same quarter in 2019, may be able to claim the Employee Retention Credit (ERC) under the CARES Act. The ERC encourages businesses to keep their employees on payroll. The refundable …

Read more

April Fools! S&P continues bounceback for a 17% gain

March was the longest year, but April seemed like a quick week.  The S&P’s 17% gain for April made it the best April in several decades, continuing its 30% bounceback from the thrashing it bounced back from since late March.  The long March and short April brought a few points home. Emotions are not an …

Read more
Page 1 of 10012345»102030...Last »