by delgate subadmin | Apr 21, 2020 | Commentaries
On Monday, oil prices crashed as the May futures contract for WTI crude, a widely used benchmark for the price of a barrel of oil, dropped into negative territory for the first time in recorded history to about $30 below zero. In very general terms, the price went...
by delgate subadmin | Apr 13, 2020 | Commentaries
Last week was one of the best ever for domestic equity markets. Since the March 23 low, the S&P 500 has gained roughly 25%, bringing the index back to levels from mid-2019. The index is down, however, about 18% from its high from early 2020. Markets surged not...
by delgate subadmin | Apr 7, 2020 | Commentaries
Yesterday, the S&P 500 gained 7% on news over the weekend that the spread of the coronavirus had potentially slowed in several U.S. cities. While this is undoubtedly good news, we remain cautious for two primarily economic reasons. First, even if we assume the...
by delgate subadmin | Mar 30, 2020 | Commentaries
Last week, a large number of states and metropolitan areas took the important and difficult step of imposing “shelter in place” restrictions in response to the COVID-19 pandemic. San Francisco and Chapel Hill, the two amazing places where Delegate’s offices are...
by delgate subadmin | Mar 27, 2020 | Commentaries
Question: Why should an investor consider transferring assets at a time like this? There are three primary “drivers” or actions that can increase estate tax efficiency. The first action is to transfer assets when their value is low, and their potential future return...
by delgate subadmin | Mar 26, 2020 | Commentaries
On Wednesday, the Senate agreed on a $2 trillion stimulus package to mitigate the effects that COVID-19 will continue to have on the economy. This stimulus, in combination with actions the Federal Reserve took earlier in the week, caused financial markets to recover a...
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