by Dan Gibby | Apr 11, 2020 | ETF Past Letters
The coronavirus is affecting the entire world, with the highest death rate reported last week as expected. Unemployment and bankruptcies will reach uncharted record highs. The pandemic has changed the behaviors of consumers, companies and government, and many will...
by Dan Gibby | Apr 5, 2020 | ETF Past Letters
The coronavirus is affecting the entire world. Uncertainty is plaguing us all, and experts say the worst is still to come. Unemployment and bankruptcies will reach uncharted record highs, and hospital systems are now overloaded. The worse hit sectors – hospitality,...
by Dan Gibby | Mar 29, 2020 | ETF Past Letters
After a historically rapid 25 – 40% market drop from their highs because of the Covid-19 health crisis, the markets set another record by booking the largest three-day rally since October 1931 during the Great Depression. Many point to the Federal Reserve’s and...
by Greg Capra | Mar 22, 2020 | ETF Past Letters
The Covid-19 health crisis continued to send the markets roiling last night with the Dow now down 33% for the year, despite extraordinary Federal Reserve interventions. Most markets are down a historically rapid 25 – 40% drop from their highs just five weeks ago. A...
by Dan Gibby | Mar 15, 2020 | ETF Past Letters
The Covid-19 health crisis has sent the markets roiling to bar market territory, provoking a market response not seen since the Great Depression. The message of the markets is that the changes in our way of life will have a severe impact on the economy. The Dow had...
by Dan Gibby | Mar 8, 2020 | ETF Past Letters
Extreme fear surrounding the spread of the coronavirus continued to send the VIX to multi-year highs and broader markets down. Even last Friday’s positive jobs report didn’t help the markets at the open. The S&P is down 12.2 from its highs, with the markets...