Second quarter expectations were pretty low due to covid uncertainties – why is the market doing so well when everything feels so awful?

New Focus on Wealth with Chad Burton

English - August 06, 2020 01:30 - 38 minutes - 35.5 MB - ★★★★ - 60 ratings
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Previous Episode: Between job losses and low productivity, coronavirus is changing the way we look at investing. Is there a better way to provide relief during this pandemic?

Next Episode: Trump's executive order is a disaster in many ways, but is it even legitimate when Congress controls spending?

Why is the market doing so well when everything feels so awful? 84% of S&P 500 companies have reported earnings so far and the good news is 60% have reported a positive revenue surprise after analysts downgraded their expectations. The bad? Compared to Q2 2019 we’ve declined by 35.7%, the largest year over earnings decline since 2008. Other topics:

Small business closures & relief Is price-to-book ratio flawed and outdated? Maximizing home workouts

Email your money question to [email protected] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.