Weekly Investment Update December 14, 2020

US stocks, as measured by the S&P 500 index, declined approximately 1% last week as hospitalizations and deaths in the US from the COVID-19 pandemic reached daily records (Chart 1). Despite these grim milestones, US equities continue to trade near all-time highs as investors anticipate an end to the pandemic in the coming months as vaccines are broadly distributed across the nation and the world.

Continue reading

How the CARES Act Has Impacted Financial and Charitable Opportunities

In March, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed, which included more than $2 trillion in economic relief for individuals and businesses facing the health and economic impacts of COVID-19. There are several financial benefits and tax incentives that many individuals haven't taken advantage of this year. We have provided a breakdown of the four most significant provisions of the CARES Act and how they can alleviate economic stress during these times.

Continue reading

Copyright © 2020 OneAscent Wealth