Friends, I’m thankful that all of our clients and families at Schultz Wealth Management have remained healthy through this unique time. It’s hard to believe it’s only been six months since our world changed.
This past quarter, the markets continued to digest the good and poor news from Covid, the election, hurricanes, and corporate earnings. The up’s and down’s of the markets remained extreme, but earnings showed improvement and the markets responded favorably. The indexes had solid performance for the quarter. Growth-oriented companies continued to outshine value/dividend-type stocks and this gap in performance is something we are watching closely.
See here for quarterly market figures:
As we head into year end, we are hopeful earnings and the economy will continue to improve. Obviously, the end of the election and any Covid vaccine could be a positive for the markets.
We have continued monitoring your financial plans and allocations for any tweaks we see that might help your success. We have been quite busy helping many of you shop and review various life insurance and long term care policies. Additionally, we continue helping companies and individuals find higher yields on cash.
Happy Fall and take care of yourself!
Jeff Schultz, CFP® Executive Vice President/Wealth Management Financial Advisor
