Back in June, if I told you on December 21 we'd have two vaccines being distributed and Congress just agreed on a nearly $1 Trillion additional stimulus bill how many of you would have bet the stock market would be looking to open down nearly 2%?
If 2020 has taught
Last week Airbnb stock opened 115% above it's initial public offering (IPO) price. It closed up 113% on the day. When discussing it with Cody, our Client Portfolio Manager who holds an Accounting degree, he said, "That's just crazy. How does anybody justify that price?" When I mentioned it to
Winter has arrived here in Virginia. We woke up to snow flurries south of Richmond. You'd think with virtual school there would be no more snow days, but that is not the case apparently even with the snow not sticking to the pavement and expected to be done by 10
2020 has been a challenging year for a lot of people – feeling isolated, virtual school, job loss, losing loved ones, etc. It's been a reminder that we live in a broken world and nothing is ever promised. Some people might not have been affected too much by the changes, while
As we enter the final month of 2020 many investors will be making plans for 2021. I could write several thousand words listing all the things we should be considering. Instead, I thought we'd use my favorite tool – a 2-column list to look at the current market environment.
As I've
