The Potentially Troublesome Issue With the Stock Market and the S&P 500

There is no perfect measure to say how the stock market in the US is performing. Every major index you see mentioned on the news has some pros and cons.  Typically, every nightly news report will mention the daily returns of the Big 3: the Dow Jones Industrial Average, the NASDAQ and the S&P 500. The Dow Jones Average is...

Who is Right-The Markets or the Economic Data?

So what gives with the markets? Let’s use the S&P 500. It was down 33.9% from its 2020 high on February 19th to its low on March 23rd (shortest bear market on record).  It then rebounded 31.9% until April 29th (a dizzying bounce) and has remained essentially flat ever since. Unfortunately, the S&P 500 is still down 13.2% since its...

Is It A Good Time To Refinance?

I get this question a lot from friends and clients: “Should I refinance my mortgage?” The answer is not always so simple.  In fact, many of us thought the days of refinancing were almost over (well…not literally) because so many people who purchased homes or refinanced over the last few years have received such low rates that the thought of...

The Stability of Your Financial Plan During Volatile Times

During these unprecedented times, many clients are wondering if their goals have been derailed and if so, what it will take to get them back on track. There is no doubt that things have changed, and as a result many of us will need to adjust accordingly. But just how much do you need to change? You may not have...

What Could a Market Recovery Look Like?

In hindsight, it appears surprisingly easy to shut down an economy - we just did it in a few short weeks.  I suspect it is much harder to open an economy back up again. What inspired so many Americans to shelter in place was a combination of worry for their own personal health and an altruistic desire to save others...

A Potential Silver Lining in the Reality of our Current Recession

One of the constant comments from market participants and the talking heads on TV is that the investing community has no historical experience to draw from on how this epidemic will affect the US economy, the global economy and, by extension, investments. There’s no model to use as a reference point. Sure, the Spanish Flu epidemic of 1918 theoretically could...

The CARES ACT – Three Important Provisions That Could Impact You

The relief bill known as the CARES Act was signed into law on Friday, March 27, 2020. It is designed to serve as a bridge between the time the US economy decelerates in response to Covid-19 and the time the economy is back up and running. Provisions of the CARES Act support a wide range of individuals and businesses to...

Can a Recession Save us from the Coronavirus?

The first change I noticed was early last week, before any state of emergency had been declared in Rhode Island, Massachusetts, or the US. Suddenly, my commute was far easier than usual. I hit every light and breezed into work. By the end of the week I had shaved 20% off my commute time.  I saw it as the first...

Economic Commentary: March 10, 2020

Following yesterday’s sell off we wanted to share some thoughts and facts about the economy and the market. Lost in a new cycle filled with bad news, last Friday’s payroll report was the 113th month in a row with positive job growth here in the US. (The next closest record time period is 48 months!) While the next few months...

New Client Portal for StrategicPoint Clients launching soon!

As part of our commitment to bringing you quality expertise, planning and service, StrategicPoint is always looking to enhance our capabilities. To better serve our clients, we are excited to announce that we will be launching a new client portal in the coming weeks! The portal will provide updated account values, performance and fund holding information for your investments. It...