Market and Economic Updates


The Hedge Monster – The Market Roller Coaster From Lee Sherbakoff,The Nalls Sherbakoff Group, LLC. Dear Friends, Last November the magazine Travel and Leisure published “The World’s Tallest, Fastest, Loopiest Roller Coasters.” Regardless of Travel and Leisure’s opinion of theme park roller coasters, there has never been a more thrilling, gut wrenching, and heart pounding roller coaster than the U. S. stock market beginning...

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On the Other Hand From Lee Sherbakoff,The Nalls Sherbakoff Group, LLC. Dear Friends, On one hand, over a nine-week period, there have been 38.6 million first-time claims for unemployment insurance (through May 21). It’s by far the worst number of layoffs we’ve ever seen, and it is disheartening to see. On the other hand, during April, the Dow Jones Industrial Average and the S&P 500 recorded their best monthly gains since 1987. As...

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Market Opportunities From Lee Sherbakoff,The Nalls Sherbakoff Group, LLC. Dear Friends, With activity in many industries sharply curtailed in an effort to reduce the chances of spreading the coronavirus while at the same time many cities and states are trying to kick start their local economies, some economists say a recession is inevitable, if one hasn’t already begun. From a markets perspective, we have already experienced a drop in...

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Covid Confusion


Posted By on May 12, 2020

Covid Confusion from Kim Spencer,The Nalls Sherbakoff Group, LLC. Dear Friends, Is anyone confused about what our situation is? The internet and news stories are full of conflicting information. Shelter or not, wear masks or don’t. Where did the virus really come from? Is it naturally occurring or was it created in a lab in China? What are the actual numbers of infections and deaths. How are we to disseminate all the information out...

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“The world is ruled by letting things take their course.” – Lau-Tzu, ancient Chinese philosopher and writer “This time it’s different,” someone once said while panicking out of the market in a time of crisis. At some level, investors know markets go up and markets draw down, just as the economy expands and the economy contracts. However, when people let their fear and uncertainty overwhelm them as they watch, in near real...

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Q2 Will Be Ugly From Lee Sherbakoff, The Nalls Sherbakoff Group, LLC. Dear Friends, The St. Louis Federal Reserve estimates that the U.S. Gross Domestic Product (GDP), the largest measure of economic activity, could contract at an annualized pace of 50% in the second quarter. That’s unprecedented. Yet, forecasts vary widely. In reality, we don’t know how steep the downturn may be during the April-June period. Claims for jobless...

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