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Posts published in “Finance”

Coronavirus and the Market Part III

Note: Considering the potential market fluctuations throughout the COVID-19 Pandemic, it should be noted this article was originally written on 3 June 2020

A few weeks ago in May, the US treasury announced a record high $96 billion quarterly refunding driven by the Covid-19 emergency stimulus. This compares to $84B from last quarter, an amount which held for the previous 5 quarters. So how does a former Goldman Sachs Banker, who is one of the longest-tenured cabinet members in Trump’s administration, decide to structure such debt in such crazy times? In other words, how does Mnuchin, the U.S. treasury secretary, think?…

Coronavirus & the Market: Part II

Note: Considering the potential market fluctuations throughout the COVID-19 Pandemic, it should be noted this article was originally written on 4 April 2020.

These are unprecedented times. Shamefully, the biggest thing I first noticed was the lack of a long commute to work. It went from 80 minutes to 25 to 0, which was actually quite nice. Then I noticed how sad the cereal aisle looked. This is essentially the only place I’m allowed to go now. All kidding aside, I,  and probably most of us, fail to appreciate the full gravity of the pandemic at this point, and how it will affect the decades to come.…

Coronavirus & The Market

If you are lucky enough to have a 401(k), first of all,
congratulations. You are preparing for retirement when you’re young, likely
30-plus years before you say goodbye to your working days. That’s the best
possible way to prepare for your golden years, regardless of how fast your
portfolio grows. For folks in that group, the value of time (read: compound
interest) is worth more than a single annual return in the stock market. 

However, if you do have a 401(k), or any investment
portfolio with a heavy concentration in equities for that matter,
unfortunately, it has probably gotten crushed lately.…

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