Cash Levels Index
Risk Sentiment Sums
Risk Sentiment Volume
Advisor Activity Sums
Advisor Activity Volume
MF / ETF Style Winners & Losers
MF / ETF Winners & Losers
Stock Winners & Losers
Amidst a stalemate between the two parties on Capitol Hill regarding additional COVID-related legislation, President Donald Trump on August 8 issued an executive memorandum policy that said U.S. workers would not have to pay their Social Security payroll taxes from September 1, 2020 until December 31, 2020.
Cash allocations remained largely unchanged from the prior week closing at 3.98% from 3.93% the prior week.
Last week, the equity market saw a return of volatility with Thursday's trading session experiencing the largest declines.
Last Thursday, while almost 24 million Americans were gearing up to watch President Donald Trump’s Republican National Convention speech and the literal fireworks that followed, Federal Reserve Chair Jerome Powell gave an historic speech of his own that sent rockets around the monetary policy world.
Early on, the COVID-19 pandemic had a sharp impact on the stock and bond markets, and, in turn, advisor and investor decision making.
While it may seem hard to believe that March was just five months ago – not five years ago – that’s when Washington created two loan programs that were supposed to help struggling businesses keep doors open and employees on the payroll.
While cash allocations have remained slightly elevated from pre-pandemic averages, there has been no meaningful change to cash allocations since mid-June.
Tonight, Sen. Kamala Harris (D-Calif.) will take the “stage” at the Democratic National Convention to accept the party’s nomination for vice president of the United States.