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Paycheck Protection Program Extended

The Paycheck Protection Program has been extended to June 30, 2021.  The American Rescue Plan provided an additional $7.25 billion in funding to the program.  The PPP Extension Act of 2021 takes it a step farther, extending the application deadline to May 31, 2021. The Small Business Administration (SBA) has until June 30, 2021 to …

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March 2021

Monthly Market Recap from Clint Edgington, CFA February was a quiet month in the markets, continuing trends that have been in place since December.  Economic expansion seems to be continuing, with positive news on the coronavirus front,  unemployment being lower with 50k new jobs created last month, and a Q4 GDP advance estimate of 4.1%.  Further …

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February 2021

Monthly Market Recap from Clint Edgington, CFA Frankly, not much happened in the markets last month.  With a new President and Congress shifting power, it’s an odd time for nothing major to happen to impact the markets.  Our new President perhaps ushered something into our lives that you either love or hate…predictability. Both U.S. and Foreign …

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January 2021

2020 Annual Market Recap from Clint Edgington, CFA 2020 will always be remembered as a tumultuous year.  When we write out the events that occurred, it’s hard to flesh that against the blistering 18.4% the U.S. stock market 1 returned this year. The pandemic gave us our fastest bear market and the fastest respondent bull market, …

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December 2020

Monthly Market Recap from Clint Edgington, CFA In a year that the markets were driven by Covid, November may be remembered as a turning point.  Three different vaccines for Covid were announced effective.  Fears of a contested election further dividing our political environment diminished, and a Biden victory ushers in a return to a more conventional …

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