Earlier this week, YouTube announced that it will prevent video uploads to President Donald Trump’s account for at least one week. In so doing, YouTube joined other social media companies, including Facebook and Twitter, in restricting the President’s access to its platform, citing as its rationale concerns about new sparks of violence in the run-up to the presidential inauguration.
Advisors should treat the pandemic as a turning point, making strategic changes to add the most value for what clients need today and do more with less.
The end of the year is an ideal time to check in with clients to gauge their financial and emotional wellbeing. Especially in the current environment, your clients may want reassurance that they’ll be okay.
While the markets have seemingly recovered from the early impact of COVID-19, the past few months have been a reminder that unpredictability is a part of investing, and downturns are inevitable.
The Democrats’ newly gained majority in U.S. Congress paves the way for greater public spending but the narrow margin limits the scope for higher taxes, in our view. We expect this outcome to speed up “the new nominal”, or our expectations for stronger growth coupled with stable nominal yields, even as a more infectious virus strain threatens to make the path to a full activity restart more bumpy.
Weekly Market Compass: It was a week of surprise, horror and disappointment. Why didn’t stocks react?
The past week has been a momentous one, to say the least. It was filled with surprise, horror and disappointment — certainly in the US, but also for those watching around the world.