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COVID-19 Tests per Day

Tests per day is a key number to track (along with actual cases and, sadly, deaths). But total tests were a key for South Korea slowing the spread of COVID-19. South Korea has been conducting 15,000 tests per day with about one-fifth of the US population, so the US needs to test 70,000 to 100,000 […]

Investing

Assessing market liquidity

Our teams observe that liquidity access has been exceptionally challenging in credit markets across the globe, particularly in Emerging Markets, but we believe Invesco’s experienced traders have been able to leverage our global size and scale across key counterparty relationships to access liquidity that may not have been available to other investors. Looking towards derivatives, […]

Investing

What To Do When You’re Terrified

I live a very privileged life. See, I spend my time on my farm, in the middle of nowhere, with my family. Out here, everything is pretty calm (well, as calm as things can be with three kids under six.) That changed on Thursday night. The corona-crisis meant I had radio interviews booked solid for […]

Estate Planning

Is a 401(k) Rollover Worth It?

A 401(k) rollover occurs when a person directs the transfer of the money in their retirement account to a new plan or IRA. The most common period when people decide to rollover 401(k) is when they either change jobs or retire. One of the most substantial challenges in rolling over a 401(k) is deciding whether […]

Stock

BLS: Job Openings increased to 7.0 Million in January

From the BLS: Job Openings and Labor Turnover Summary The number of job openings rose to 7.0 million (+411,000) on the last business day of January, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.8 million and 5.6 million, respectively. Within separations, the quits rate […]

Stock

NAHB: Builder Confidence Decreased to 72 in March

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 72, down from 74 in February. Any number above 50 indicates that more builders view sales conditions as good than poor. From NAHB: Builder Confidence Declines But Remains Solid Amid Rising Risks Builder confidence in the market for newly-built single-family […]

Stock

Industrial Production Increased in February

From the Fed: Industrial Production and Capacity Utilization Industrial production rose 0.6 percent in February after falling 0.5 percent in January. Manufacturing output edged up 0.1 percent in February; excluding a large gain for motor vehicles and parts and a large drop for civilian aircraft, factory output was unchanged. The index for mining declined 1.5 […]

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Retail Sales decreased 0.5% in February

On a monthly basis, retail sales decreased 0.5 percent from January to February (seasonally adjusted), and sales were up 4.3 percent from February 2019. From the Census Bureau report: Advance estimates of U.S. retail and food services sales for February 2020, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, […]

Real Estate

Two Big Myths in the Homebuying Process

The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.” Unfortunately, the myths surrounding the […]