Insights & Advice

Dalton — The 880-page CARES (Coronavius Aid, Relief, and Economic Security) Act was passed recently. If you don’t know why or that’s important to you, it’s not for a lack of understanding or interest on your part. It’s because there’s been almost too much information thrown at you in a sea of other information. Please allow me to skip fancy language and multisyllabic words that make me seem smart and just give you the bullet points you might have missed. It’s not meant to be a full list, and it’s not meant to be a set of instructions (or advice). My…

Dalton — In last week’s column, “Corona Crash,” I wrote that we could get a “rip-your-face-off rally.” A 20% gain in three days — Tuesday through Thursday — certainly qualifies. Even sandwiched between big down days, the Dow ended the week up 12.8%, its best week since 1938. Of course, that came off the heels of the worst week since 1932. The ups and downs (especially the downs) have been crazy. For the month of March, through the 27th, the average daily change for the S&P 500 has been 5.2%, exceeding the previous record of 3.8%, set in 1929. Is this…

The new coronavirus crisis has reached a new phase, where public health systems are acting to contain the spread of the virus outside China. Clearly, the main emphasis should be on containing the virus, but the economic impact is significant and has the potential to affect your business. According to a survey from Veem, 27 percent of small-business owners believe the coronavirus will have a moderate to high impact on their revenue. An additional 30 percent expect the virus to have a moderate to high impact on their supply chain. More than half, 52 percent, say they are taking measures…

Dalton — Last week I was not able to write a Capital Ideas column because I was getting in what will likely be my last bit of work travel for a while. A lot has happened since I’ve been gone from The Edge. For instance, last week was the worst week for the stock market since 2008. Some years, nothing happens. Some days, years happen. We’ve been experiencing daily moves in the stock market that typically take years to transpire. The average year sees about a 7 percent return for stocks. We’ve been seeing 7 percent swings in a single day….