June 12, 2020
Last Friday’s employment report was a true shocker by showing a gain of 2.5M jobs (estimates were for 7M losses), which may have revealed that our nation has reached an important inflection point much sooner than anticipated. Following the incredibly strong labor report, the S&P 500 officially had clawed back all its year-to-date losses on… Read more »
May 14, 2020
After nearly 11 years, the historic bull market that emerged from the ashes of the last financial crisis abruptly ended in February as the coronavirus took root in developed markets. Since then, the global pandemic has not only upended life for many households – as economic activity was put on pause – but also has… Read more »
May 8, 2020
While the pandemic continues to spark uncertainty in the financial markets and across many aspects of our lives, there is one thing we can control: our response to the crisis. JNBA Financial Advisors is relying on its disciplined process and tools – including asset allocation, rebalancing and tax loss harvesting – as we put… Read more »
April 22, 2020
Since bottoming in late March, the market has entered a rally phase and has risen by more than 20%. In fact, it has retraced nearly half its 35% loss since its mid-February peak and remains down about 15% year-to-date. Fortunately, many individual investors have performed better than the broad market average thanks to diversified portfolios that… Read more »
April 17, 2020
It’s no secret that the daily impact of COVID-19 continues to move the markets drastically and rapidly. As our clients review their first-quarter portfolio statements for the year, we are reminded again of the direct blow to the economy and investments these past several weeks. Yet, a lot of market movement has continued even… Read more »
April 9, 2020
This past quarter was both awful and one for the record books. The first global pandemic in over 100 years brought an end to the longest bull market in U.S. history with declines so sharp they triggered multiple exchange trading halts. The S&P 500 took just 16 days to enter a bear market, its quickest 20%… Read more »
March 27, 2020
In the latest episode of JNBA’s podcast, CEO and Chairman Richard S. Brown sat down on March 26 with colleagues on JNBA’s Investment Committee – virtually, from remote locations – to talk about where we are with the markets’ response to the COVID-19 pandemic and what could be next. Richard, along with Director of… Read more »
March 23, 2020
After the worst week on record since 2008 and with the S&P 500 down roughly 30% since the start of the year, many investors are asking themselves (and/or us), “Is it time to get out of the market?” We hope to provide some perspective in trying to answer that question. Where do we stand? We… Read more »
March 18, 2020
To help shed additional light on how this unprecedented COVID-19 pandemic is impacting the markets, JNBA CEO and Chairman Richard S. Brown sat down – virtually, from remote locations – on March 17 with colleagues to record the latest episode of our podcast. Richard was joined by three team members who help lead JNBA’s… Read more »
March 9, 2020
It is ironic that we share this update on the exact same day that the Bear Market attributable to the Great Financial Crisis reached its very own bottom 11 years ago. Earlier this morning, the selling pressure in stocks was intense enough to trigger a 15-minute trading halt after the market’s open. To most everyone engaged… Read more »