So here we are….in the middle of a global pandemic. Unemployment in the US is hovering around 15%. Businesses are struggling to remain viable. Hundreds of thousands of families…probably millions …are concerned they won’t be…
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More Updates to the Paycheck Protection Program: The PPP Flex Act
Another week, another round of updates to the Paycheck Protection Program. This week’s revision comes in the form of an entirely new (albeit brief) piece of legislation called the Paycheck Protection Program Flexibility Act of…
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Reflections on the Pandemic So Far
We are currently somewhere around day 60 of our family’s quarantine during the pandemic, and the country is inching closer to reopening. Over those 60(ish) days I worked remotely from home, and held a TON…
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How to Get Your PPP Loan Forgiven
We’re now about six weeks into the CARES Act and in round two of the Paycheck Protection Program. The $310 billion allotted to the program in round two is beginning to dwindle, but has lasted longer…
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Market Update: Q1 2020
Well here we are….one quarter into 2020, and the risk event we’ve all been waiting for has finally arrived. Volatility as measured by the VIX Index touched all time highs over the first quarter as…
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The CARES Act: Implications for Individuals
As I’ve written about on the blog and covered on the podcast recently, the CARES Act is a big piece of legislation. (Remember….the total package is $2.2 trillion!). We’ve covered several sections of the bill…
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The CARES Act Revisited: Updates to the Paycheck Protection Provision
A lot has happened in the past week. And now that we’ve had an opportunity to read through more details of the Paycheck Protection Provision, it’s become clear that the program’s rollout will be messy. …
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Unpacking the Coronavirus Stimulus Bill
As you may have heard, the Coronavirus stimulus bill was signed into law by president Trump last week. The package is called the CARES Act, and provides over $2 trillion of economic stimulus across a…
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Where Do We Go From Here? Market Thoughts & The Risk of Financial De-Leveraging
Well that escalated quickly. We are now officially in the second fastest bear market on record. Bear markets become official when stocks fall 20% or more from their peaks. Ordinarily this takes months to play…
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Coronavirus is Spreading…..Markets are Plunging…..Is it Time to Panic?
**Update: I wrote this draft on Saturday, and since then oil has dropped 30%, circuit breakers for the U.S. stock market fired this morning, and the 10-year U.S. bond yield has fallen below 0.5%. The…
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