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NestEgg News July 2020 Thumbnail

NestEgg News July 2020

AN ECONOMIC TUG OF WAR Our markets continue to rebound from the COVID Correction in March. On the positive side, we have optimism about the Federal Governments commitment to Stimulus packages and a COVID vaccine as early as November. On the other side of the rope is weak economic data.…

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An Economic Tug of War Thumbnail

An Economic Tug of War

Our markets continue to rebound from the COVID Correction in March. On the positive side, we have optimism about the Federal Governments commitment to Stimulus packages and a COVID vaccine as early as November. On the other side of the rope is weak economic data. Recent economic data shows signs…

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Albertson’s Stock Thumbnail

Albertson’s Stock

After a 14-year hiatus, Albertsons stock is again publicly traded and available to the public. Albertsons was founded at the State street Boise store in 1939 and has grown to 2,250 stores. It includes the banners Safeway, Vons, Acme, Jewel and Tom Thumb in addition to many regional banners. Albertson’s…

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NestEgg News June 2020 Thumbnail

NestEgg News June 2020

Market Update We cannot remember a time when we’ve seen such a widespread disparity between the economy and the stock market. The unemployment rate soared to a high of 14.7% in April, then fell to 13.3% in May, while the survey of businesses by the U.S. Bureau of Labor Statistics…

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Stock Market Update June 2020 Thumbnail

Stock Market Update June 2020

We cannot remember a time when we’ve seen such a widespread disparity between the economy and the stock market. The unemployment rate soared to a high of 14.7% in April, then fell to 13.3% in May, while the survey of businesses by the U.S. Bureau of Labor Statistics revealed a…

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Stock Market Update Thumbnail

Stock Market Update

The Dow Jones Industrial Average (30 of the biggest stock in America) experienced an 1861 (6.9%) correction yesterday, as the markets responded to increased COVID-19 numbers over the past 4 days. Especially hard-hit areas including Texas, California and Georgia are seeing the dreaded “second wave” with infection trends at or near…

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