How many of you have been, or know someone who has been furloughed or laid off this year? It’s 2020 and you can’t throw a rock out of a window without hitting someone who’s job security has been affected by the pandemic. Recessions have long lasting effects on the way our job market and society operate. Consumers spend less, pregnancy rates drop, and college applications deplete; just for starters.
As seen on the Wealth Watch… We’ll keep this lunch date short and sweet. Vance Howard has gone back for another helping of tea and crumpets with TD Ameritrade Network. Three major topics were put on the table; the HCM-BuyLine® (obviously), technology, and a dash of politics. If you were expecting hot gossip, you have come to the wrong restaurant.
There’s no denying President Donald Trump and presidential candidate Joe Biden have two separate plans for 2020 banking policies. Both approaches could pose new difficulties for certain communities in their own respects. In the past, banking reform has discernible impacts, albeit subtle. However, small changes to reform and banking practices aren’t always caught by the untrained eye. For the average American, day-to-day banking may seem unchanged throughout the years. What they don’t realize is banking policy changes aren’t always drastic, but slow and undetected.
If the HCM-BuyLine® was hired to write for Days of Our Lives, it’d be fired mid-season for being too positive. The 2020 presidential election has delivered enough kicking, screaming and daily cliffhangers to power the soaps for years. And it appears the HCM-BuyLine® can’t comprehend the drama to write a good enough season finale. The American people want blood, sweat and tears, ya’ll. They want to see real drama. All we’re being shown are positive charts, sunflowers and unicorns. If you’re the one snoring, then you’re obviously not the one buying.
2020 has been quite the year for the stock market and investors. The topic of non-emotional investing is becoming a popular one due to the volatility of 2020. Seeing as the United States of America election day is right around the corner, investors are experiencing major jitters. It is wise to read, have conversations with peers and enjoy your favorite news channel. However, in the midst of exploring the news and launching into casual debates, as investors it’s important to remember to follow the math when making decisions.
As seen on this week’s Wealth Watch…
The HCM-BuyLine® has been roping and wrangling frantic investors as they all act like a wolf snuck into the chicken coop. Despite drastic news and sweaty anchors, the HCM-BuyLine® proves there’s enough slack to go around. It’s October and it seems the entire world is on the edge of their seats waiting for November 3rd to show its ugly teeth. Until then, the HCM-BuyLine® will be sitting back with its sling shot while donning a straw hat.