Weekly Investment Update: May 26, 2020

US equities, as measured by the S&P 500 index, advanced nearly 1% last week heading into Memorial Day weekend. Investors continue to grow optimistic regarding the potential for a COVID-19 vaccine as well as the resumption in economic activity as stay-at-home orders and business closures are relaxed. Despite the unprecedented decline in the US economy that is still unfolding, the S&P 500 index is only down 8% for the year and 13% from its all-time closing high of 3,386 set on February 19.

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Weekly Investment Update: May 18, 2020

US equity markets declined slightly more than 2% last week as investors monitor the gradual process for individual states to reopen their economies.  The S&P 500 index has trended sideways for the last month, remaining rangebound between approximately 2,800 and 2,900 after advancing roughly 30% through April 17 from the recent low marked on March 23. 

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Weekly Investment Update: May 11, 2020

US equity markets advanced more than 3% last week as investors eyed signs of hope that the recession caused by the COVID-19 virus may be short-lived. Despite a dismal April employment report and large year-over-year declines in first quarter corporate earnings, signs of new treatments for the virus and plans for reopening businesses buoyed market sentiment.

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Monthly Investment Update: May 2020

After a difficult first quarter of 2020 for investors, April provided a much-needed reprieve as markets rallied sharply. US large cap equities, as measured by the S&P 500 index, had their best month in decades returning nearly 13%. Investors appeared optimistic that the significant stimulus provided by governments and central banks, lower energy prices, and evidence of potential new treatments for the COVID-19 virus could result in a swift recovery.

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OneAscent Market Update: Q2 2020

Nervous about the impact COVID-19 is having on your investments? During this quarterly market update, you will hear from Bob Doll, CFA®, of Nuveen Asset Management on his market outlook, Dolores Bamford, CFA®, of Eventide Asset Management as our manager spotlight, and a member of the OneAscent Investment Committee on current portfolio positioning.

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CARES Act: Executive Summary Webinar

This special webinar provides an executive summary of the CARES Act (Coronavirus Aid, Relief, and Economic Security Act). This recently passed 880-page bill provides $2.3T of fiscal stimulus that will be important for individual taxpayers, retirees, and small business owners. Watch for the key highlights you need to take advantage of!

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