When I think back to the founding of JSF 27 years ago, it’s impossible to not also think about the birth of my 1st daughter Alexa – who is now almost 26 years old. She and the firm grew up and experienced triumphs and obstacles alongside each other. Fast-forwarding to today, Alexa is preparing for […]
A Forward Look at Potential Tax Policy Changes
It is hard to believe that we’ve been dealing with the pandemic for an entire year. Just over a year ago, shelter-in-place orders went into effect in California—today, businesses are starting to reopen their doors and traffic is returning. By the end of February, over 239 million COVID-19 vaccines had been administered worldwide and President […]
We were thrilled to have Larry Trujillo join us for a webinar last week. Larry has a wealth of experience in corporate deal structuring and SBA lending programs—including the Paycheck Protection Program (PPP) and its many complexities. He shared some key insights about PPP 1 + 2 and other loans available to businesses during the […]
Markets Surge Past Uncertainty November brought a new surge in COVID-19 caseloads and the possibility of further government shutdowns (at this writing, on December 3rd, a new stay-at-home order went into effect in California).1
The Multitude of Highs and Lows As of this writing, the election is on the verge of being called. However, despite the ongoing uncertainty, the markets have surged in recent days. Taking a step back, the S&P 500 fell for a second straight month in October, paring back more of the year’s gains. Major contributors […]
A Bump in Volatility and Questions Ahead Stocks moved lower in September as a five-month market winning streak came to an end. The downturn was led by a selloff in technology stocks, which have paced the S&P 500’s recent recovery from its March 2020 low.
The Rally Continues Through August The U.S. stock market finished higher for the fifth consecutive month in August as investor optimism persisted amid a tenuous economic recovery. The S&P 500 had it best August in 34 years, led by the technology sector.
Markets Climb Higher Amid Economic Dislocation Domestic stocks continued to charge higher in July, despite record low economic output and an uncertain outlook. The S&P 500 shrugged off regional surges in coronavirus cases to rise 5.5 percent for the month, its best July since 2010.[1]
Markets are Rising: What About the Economy? Markets had a surprisingly strong quarter; in fact, it was the best quarter in decades. The S&P 500 rose almost 20 percent, the strongest quarter since 1998. The Dow Jones Industrial Average had its best quarter since 1987, delivering growth of 17.8 percent.[1]
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