Posted by & filed under Investments, Personal finance.

The pandemic accelerates. COVID-19 cases, hospitalizations, and deaths are continuing to skyrocket in the United States and around the globe. While help is coming with treatments and probable vaccine distributions, we have quite a ways to go. Three different vaccines have shown high levels of efficacy, which has led to a buoyant market over the past four weeks. Read More

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Election turbulence. There really is no precedent for this election and the myriad of variables that could impact what happens on November 3rd and the days that follow. Are we looking at a certain winner in the presidential race who is generally accepted by Americans? Or will it be more muddled than that? This election might Read More

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Financial anxiety is a very real issue in American households. With this year being one for the uncertainty records books, the future looks quite murky. Wondering whether you remain on solid financial footing amid the turmoil is very common. At McKay Wealth, our goal is to empower our clients to make smart financial decisions, especially when the day-to-day becomes unsettling. If you are struggling to calm your nerves about your money right now, here Read More

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Presidential politics. The growing uncertainty as to whether the listed winner of our coming election will be accepted as such is starting to give the investment markets heartburn. This election is supercharging levels of unease that are going to manifest in U.S. equity markets. The potential for a challenge to the election results has grown substantially and Read More

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Federal Reserve and interest rates. The Federal Reserve has changed the way it seeks to achieve its dual mandate of full employment and stable prices. The revision essentially translates to lower interest rates for longer than previously expected. The impact? Not much in the lives of most people. Potentially quite a profound one on inflation levels, Read More

Posted by & filed under Financial Planning, Investments, Personal finance.

Historic Q2 GDP drop. The GDP numbers for the second quarter showed a historically unprecedented decrease of 32.9%. Read more… Resurging COVID cases. A massive uptick in U.S. coronavirus infections is causing the economic bounce from the depths of the shutdown to stall. It’s looking to be a rough second half of the year for the Read More

Posted by & filed under Financial Planning, Investments, Personal finance.

A “black swan” is a completely unanticipated event which, usually, has a resoundingly negative impact on the economy. These events take everyone by surprise, even the smart folks who spend their days constantly analyzing, monitoring, and crunching the financial numbers. Forecasting out the short and long term ramifications of black swans can be a nearly Read More