How the Stock Market is Doing Amid the Pandemic We’ve experienced significant spikes of volatility in the stock and bond markets to end January and now February as well. Typically, when we see big dips in the stock market, bonds begin to cover the slack and offset losses, which has not happened to start the
Continue Reading
2020 is over. What now? To say that 2020 was an eventful year is an understatement, but 2021 has been interesting as well! Between the new Covid variants now spreading, the 2nd Trump impeachment, the riots at the capital, and the end-of-month drop in the market involving GameStop and AMC, 2021 is already off to
Continue Reading
The recent news regarding GameStop, AMC, Blackberry, etc. has many individuals wondering, “What exactly is a Short Squeeze?” This blog post will explain from a high-level view what short selling is, what it means to be squeezed, and the major catalysts and results of the recent major events.
Continue Reading
2020 Year-End Market Review: A Year That Surprised Everyone There is a high probability that you feel a sense of relief with the conclusion of 2020 after the hardships and pain some have endured due to Covid-19. To say 2020 was an eventful year is an understatement. Between the once in a hundred-year Coronavirus pandemic,
Continue Reading
Here at Summit Financial, we believe the largest risk to a retirement income plan is the Sequence of Returns Risk. In this month’s blog, we will be discussing specifically what this risk is, the affects it can have on retirement, and how we can manage this risk exposure. What is the Sequence of Returns Risk?
Continue Reading