Bridge Wealth Advisors

07/15/2020

The Fed’s corporate credit program expands to include corporate bond purchases. CNBC has more @

Those purchases will go along with the ETFs the Fed already has been buying, the central bank announced Monday.

07/14/2020

Yahoo! Finance reports on May’s retail sales, up 17.7% for the month. More @

The May retail sales report peeled back the curtain on the health of the U.S. consumer amid one of the worst global pandemics in modern history.

07/13/2020

"When the winds of change blow, some people build walls, others build windmills."- Chinese Proverb

07/10/2020

Yahoo! Finance covers Secretary of the Treasury Mnuchin’s comments that businesses will need more assistance. More @

Treasury Secretary Steven Mnuchin on Wednesday said he believes the U.S. economy will need more help to pull out of the recession, but added that the next round of support should be more targeted to the hardest hit parts of the economy. Mnuchin, testifying before the Senate Small Business Committee,

07/09/2020

The Federal Reserve anticipates keeping interest rates close to zero into 2022. More from CNBC @

The Fed also said it will continue to increase its bond holdings, targeting Treasury purchases at $80 billion a month and mortgage-backed securities at $40 billion.

07/08/2020

MarketWatch looks at the rise of stress among middle-aged Americans. More @

But if you’re 45 to 64, a new study says there’s some good news on the horizon

07/07/2020

Will the COVID-19 pandemic obstruct your path to home ownership? More from MarketWatch @

The economic downturn prompted by the viral outbreak put a huge dent in millennials’ savings, which will make it harder to gather the resources to purchase a...

07/06/2020

"The world is full of magical things, patiently waiting for our senses to grow sharper"- W.B. Yeats

07/03/2020

CNBC looks at the NBA’s tech strategy for keeping players safer during the COVID-19 pandemic. More @

The NBA has provided players with a health and safety plan that includes unique technology and data usage in an effort to curb coronavirus from reaching the Orlando bubble

07/02/2020

With so many working from home, how might this impact the oil market? More from CNBC @

With more and more people slated to work from home, there could be big implications for oil demand.

07/01/2020

Did you know? People 55 and older account for roughly a quarter of the U.S. labor force. A good plan begins with a good conversation.

06/30/2020

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   State of the Economy                                                                                          June  2020