Author: Marybeth Rose

Hello everyone, Waterford is hosting a Christmas toy drive through the Salvation Army! If you wish to donate, we ask that you please bring new, unwrapped toys (age-appropriate for infant through age 12) to our office. We will be accepting donations now through December 11th. We are located at 3858 North Buffalo Rd., Suite 2,… Read more »

The Markets The U.S. economy is like a semi-trailer truck. No one likes being stuck behind a semi at a stoplight because big trucks don’t go from zero to 60 in 2.5 seconds. Neither does the U.S. economy. When the pandemic brought our economy to a near virtual standstill early in 2020, the U.S. government… Read more »

The Markets Vaccine can be a powerful word. It’s worth 14 points in Scrabble (42 on a triple word square) and, last week, it was worth a whole lot more than that to financial markets. On Monday, a pharmaceutical company and a biotech company announced preliminary trials of their vaccine show it may be 90… Read more »

The Markets It’s said markets hate uncertainty, but that wasn’t the case last week. Despite tremendous uncertainty about the outcome of the United States election, major domestic and international stock indices moved higher and the CBOE Volatility Index, better known as Wall Street’s fear gauge, moved 35 percent lower. Ben Levisohn of Barron’s reported: “By… Read more »

The Markets Last week, financial markets and economic data told very different stories. Reviewing economic data is a bit like looking in a rearview mirror. Typically, it offers information about what is behind us. For example, last week we learned: • The U.S. economy grew by 33.1 percent during the third quarter of 2020. Strong… Read more »