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November Educational Economic Update

In this month’s video, Financial Advisor, Jeffrey Bangerter discusses a few headlines that influenced the financial markets in October 2020. Pressures on the stock market were drawn from the lack of action for a fiscal stimulus bill as well as rising COVID-19 cases. For the month, the market waited eagerly for results of the presidential election.

Market Update Financial Planning Financial Advisor Stock Market Wall Street Election By on Nov 19, 2020

Vaccine Triggers Rally

With the news of a COVID-19 vaccine, economically sensitive stocks soared this week amidst a steep rise in new positive cases. Expectations for a new fiscal stimulus package remained low.

Market Update Financial Planning Financial Advisor Stock Market Wall Street Election By on Nov 18, 2020

The Markets React to the Election

The Week on Wall Street soared in anticipation of a split Congress. Throughout the election week, stocks rallied coming off of a poor close of October as many Americans went to the polls. Unemployment rates saw a full percentage point decrease to end the week.

Market Update Financial Planning Financial Advisor Stock Market Wall Street Election By on Nov 10, 2020

No Stimulus, Stocks Lower

Stocks were sent lower as there is still no agreement on a fiscal stimulus bill from Washington D.C. COVID-19 cases continue to rise in the U.S. and Europe. Most have looked to jobless claims as a sign of economic recovery, so good news came when jobless claims reflected less than what was expected after weeks of 800,000+ claims.

Market Update COVID-19 Financial Planning Financial Advisor Stock Market Wall Street By on Oct 29, 2020

Stocks Mixed Amid Uncertainty

In this week's market update, Financial Advisor, Jeff Bangerter discusses the mixed week on Wall Street. Stocks rallied towards the end of the week as late Friday rally pares losses. There seem to be setbacks in Washington D.C. as a fiscal stimulus is on life support.

Market Update By on Sep 30, 2020

COVID-19 Money Quirks

COVID-19 has brought on its own set of side effects when it comes to how we spend our money. Financial professional Jeff Bangerter spoke with FOX40 about some of these financial quirks and what they could mean for your own spending habits.

Market Update By on Sep 29, 2020

Tech Sector Slip Continues

In this week's market update, Jeff Bangerter shares how the pressured technology sector affected the week on Wall Street. The turbulent week of trading ended with the Fed announcing their continued low rates. The Fed does expect a lower unemployment rate to end the year, down from a prediction from June.

Market Update By on Sep 22, 2020

Stocks Continue Downward Slide

In this week's Market Update, financial advisor, Jeffrey Bangerter speaks upon the volatile path hindered by the upcoming election, uncertainty in the economy, and another delay in fiscal stimulus. The shortened week of trading following Labor Day led the Nasdaq into correction territory.

Market Update By on Sep 15, 2020

Stocks Stall as Recovery Continues

In this week's Market Update, financial advisor, Jeffrey Bangerter discusses the late week sell-off as technology companies slipped in the last part of the week. The labor market recovery continued as shown by a series of employment-related reports by ADP.

Market Update By on Sep 09, 2020

Stocks Power High

In this week's Market Update, financial advisor, Jeffrey Bangerter describes the week on Wall Street with the positive COVID-19 developments. Stocks power higher with promising news from U.S. and China video conference. There are changes in the Dow Industrials with new stocks added amidst the Dow-component Apple stock split.

Market Update By on Sep 04, 2020