What the heck happened in the stock and bond market this last quarter?!

New Focus on Wealth with Chad Burton

English - April 01, 2020 02:32 - 39 minutes - 9.29 MB - ★★★★ - 60 ratings
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Previous Episode: Has the market already found the bottom? Nobody knows how bad this bear market will get. Find out what I’m doing.

Next Episode: The CARES Act is frustrating for even the brightest financial planners and CPAs’. Here are the issues we are dealing with right now

This quarter was the most volatile in my 25 year career. The S&P 500 jumped 5% from the beginning of the year to 2/19 then dropped -34% until the recent bottom on March 23rd at which point the market rebounded 15% by the end of March. The S&P 500 is down 20% since the start of the year and small and mid-cap stocks are down even further. The bond market also declined and had the most volatile ride I have ever seen until the feds put in a “backstop” on March 23rd. Listen and find out where I see value, how I am rebalancing and how I am tax loss harvesting. I also talk about the CARES Act and how it helps reduce taxes on RMDs for retirees and provides funding for small business.

I explain what happened in the credit and bond market dissecting the CARES Act and the Payroll Protection Program -PPP Avoiding Required Minimum Distributions for 2020 Explanation of the bond market and potential opportunities in different asset classes My views on this event vs. The Great Recession See The NewFocus Financial Group Facebook page for links to help small businesses

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.