About Jeff Brown

This author has not yet filled in any details.
So far Jeff Brown has created 41 blog entries.

Does the S&P 500 Have the COVID-19 Antibody?

By |2020-05-19T10:03:40-08:00May 18th, 2020|Market Commentary|

Time to Read: 7 Minutes The US unemployment rate jumped to 14.7% in April, the highest level since the Great Depression. Manufacturing activity plunged to an 11-year low. The Leading Economic Index posted the largest decline in its 60-year history. Full-year earnings estimates have tumbled downward across all sectors. While all this bad economic news

The Recession Has Arrived—Now What?

By |2020-04-14T10:40:45-08:00April 14th, 2020|Market Commentary|

Time to Read: 6 Minutes The economic fallout from COVID-19 continues to smash records. Last week, initial claims for unemployment insurance totaled a breathtaking 6.606 million, well above consensus estimates of 4.500 million and just barely below the record-setting 6.867 million claims recorded the week before, as shown below. Over the past four weeks, initial

Historic CARES Act: Key Highlights for Our Clients

By |2020-04-08T09:24:51-08:00March 31st, 2020|Wealth Management Resources|

Time to Read: 8 Minutes Last week, President Trump signed into law the historic $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The legislation is the largest economic relief bill in US history and provides aid for Americans and businesses via direct payments, expanded unemployment insurance, loans and grants. At Brown Wealth

Fast-Moving Bear Market Triggers Portfolio Rebalancing

By |2020-04-08T09:26:25-08:00March 20th, 2020|Market Commentary|

Time to Read: 6 Minutes Five short weeks ago, the US stock market was sitting at all-time highs—then everything changed. As the novel coronavirus began establishing a foothold in countries around the world, US stocks entered bear market territory with record-setting speed. In this article, we look at the current bear market and implications for

Markets Plunge as Coronavirus Spreads: What to Watch Next

By |2020-04-08T09:26:25-08:00February 27th, 2020|Market Commentary|

Time to Read: 6 minutes After weeks of coronavirus news coverage and considerable handwringing, markets (finally) took a steep tumble as the fear factor intensified. With the virus spreading to more locations—making it clear that China’s quarantine efforts have fallen short—and the Centers for Disease Control and Prevention warning Americans to brace for a widespread

The Next Recession: Bernanke’s Views on 3 Likely Causes

By |2020-04-08T09:26:25-08:00February 18th, 2020|Market Commentary|

Time to Read: 7 Minutes In July 2019, the US economic expansion crossed the 121-month mark, stealing the crown for the longest uninterrupted stretch of post-war growth from the economic boom of the 1990s. As the expansion—now in month 127—continues to grow longer, our clients have been asking, “When will the next recession occur?” Analyzing

Could the Iran Crisis End the Bull Market?

By |2020-04-08T09:26:25-08:00January 7th, 2020|Market Commentary|

Time to Read: 5 minutes General Qassem Soleimani, head of Iran’s elite military force and one of the most powerful figures in the Islamic Republic, was killed by an airstrike in Baghdad on Friday, January 3rd, 2020. The Trump administration ordered the airstrike to deter “imminent and sinister attacks on American diplomats and military personnel.”

Signs of Global Recovery

By |2020-04-08T09:26:25-08:00November 25th, 2019|Market Commentary|

Time to Read: 4 Minutes | At Brown Wealth Management, we closely monitor global economic indicators to guide changes in client portfolios. Recently, signs of global economic recovery have emerged. A combination of much easier global monetary policy and a modest reduction in geopolitical risk (i.e., the U.S.-China trade war and Brexit) are likely partially