The Helm Q3 2020: The Series Finale?
After all the twists and turns so far in 2020, the markets enter the final quarter of the year still working through several potential scenarios, including: President Trump maintaining office or a new administration and policies, a “Blue Wave” outcome, a contested...
Revitalizing the Mix – Changes to the Dow Jones Industrial Average
The Dow committee is making a relatively rare and significant change to the most famous stock index in the world, the Dow Jones Industrial Average. The companies being removed are energy company ExxonMobil (XOM), pharmaceutical company Pfizer (PFE), and industrials Raytheon Technologies (RTX).
2020 Grinds On
As 2020 grinds on, the 2009 analog for the US stock market remains intact. The chart below shows the market bottom and subsequent recovery of the S&P 500 during the 2008/2009 Financial Crisis and aftermath (blue line) and the 2020 Covid Crisis still in process...