Our Blog

November 2020

Monthly Market Recap from Clint Edgington, CFA Writing these market reviews is a humbling experience and solidifies our hesitance to predict what markets will do in the short term.  Most months, it’s easy to discern why the various markets performed the way they did.  But for some months, such as last month, once you get behind …

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October 2020

Monthly Market Recap from Clint Edgington, CFA This quarter enjoyed broad economic optimism, as jobless claims decreased (though obviously still elevated), manufacturing continued its rebound, and COVID-19 case counts decreased off the summer highs with continued positive news on the vaccine front.  U.S. stocks outperformed European stocks as the European continent began experiencing their own COVID-19 …

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The IRS Provides Guidance on the Employee Retention Credit

The Internal Revenue Service (IRS) released new guidance this week for employers that are claiming the Employee Retention Credit for 2020. The guidance applies to qualified wages paid between March 12, 2020 and December 31, 2020. At the end of last year Congress passed a relief bill allowing businesses that received Paycheck Protection Program (PPP) …

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February 2021 Market Recap: Continuing Trends

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 stimulus seems likely with the $1.9T …

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Tax Filing Due Date Extended

The IRS has extended the Federal Tax Filing deadline for individuals to May 17, 2021! State taxes are still due April 15, unless your state changes it, or you live in a disaster relief area. Taxpayers can also postpone their federal income tax payments for the 2020 tax year to May 17, 2021, without penalties …

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