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Situation Desk: March 26, 2020

From the Situation Desk – CEO Bill Giffin on the Market Whipsaw and Economic Stimulus

CEO Bill Giffin on the Market Whipsaw and Economic Stimulus

We continue to think of and support the health professionals on the front lines, those whose loved ones have died with the virus, and those who are fighting for their lives.

In the swirl of it all, the historic economic milestones just keep coming. Today more than 3 million workers filed for unemployment, ending a strong 10-year run for unemployment.

Here is a short audio message about this week’s historic market swings and the promise of the economic stimulus package.

We’ve also added several other resources at the Situation Desk in the left hand column. We want to make sure you have firsthand information as we navigate this together.

We are in this together, and we as a team are on high alert as we watch the situation unfold. Please reach out to your wealth advisor with any needs or concerns. We want to hear from you – reach out to the team.

 
 

 Tags:  Conference Call, Consumer Confidence, Coronavirus, Corporate Earnings, COVID-19, Disciplined Investing, Economic Outlook, Federal Reserve, Global Supply Chain, Letter from the CEO, March 2020, Market Performance , Market Update, Situation Desk, Volatility

Note:  The content of this article is for guidance and information purposes only and is not intended to be construed as advice.Information provided is not intended to provide investment, tax, or legal advice.

posted by:

William M. Giffin
William M. Giffin
Chief Executive Officer
Chairs Leadership & Investment Teams
Meet Bill →

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TC Wealth Partners
Situation Desk
Situation Desk

This is where you’ll find our latest updates and thinking on the current disruption in the markets, as well as investment, legislative and health information.

For the near term, we will continue to monitor the state of market affairs and update this area of our web site regularly. Be sure to reach out to your financial advisor for your specific concerns or question.

For specific information about the current crisis from the IRS, including updates regarding Filing and Payment Deadlines, please visit:
IRS.gov/Coronavirus IRS.gov/…/Tax Extensions

For important information about Illinois Income Tax Filing and Payment Extensions, read here:
IL Tax Bulletin

For government data and recommendations, please visit: CDC.gov/Coronavirus

 

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TC Wealth Partners:
Situation Desk  

This is where you’ll find our latest updates and thinking on the current disruption in the markets. For the near term, we will continue to monitor the state of market affairs and update this area of our web site regularly. Be sure to reach out to your financial advisor for your specific concerns or question.

For specific information about the current crisis from the IRS, please visit:
IRS.gov/Coronavirus

For government data and recommendations, please visit:
CDC.gov/Coronavirus

Trust services and retirement plan services are provided by the Trust Company of Illinois, a trust company chartered by the Illinois Department of Financial and Professional Regulation.