Skip to content

Berkshire Money Management Berkshire Money Management

  • Who We Are
    • About Us
    • CEO’s Message
    • Meet Our Team
    • In The Press
  • What We Do
    • Mutual Success
    • Insights & Advice
    • The Extra Mile
    • Testimonials
    • Retirement Book
  • Contact
    • Contact Us
    • Get Started
    • Sign Up
    • Refer a Friend
  • WealthE
  • Client Logins
    • Investments
    • Planning
    • Schwab Alliance
  • Financial Planning
  • College Planning
  • Estate Planning
  • Nurses & Doctors
  • Retirement
    • Retirement Planning
    • Social Security
    • Medicare
    • Retirement Coaching
  • Business Owners
    • Value Builder
    • BizEquity

Insights & Advice

BMM ArticlesA Wealth of KnowledgeVideo GalleryThe Retired Advisorwith Bill Schmick

Tag: coronavirus

The back-to-school season

August 12, 2021 by Bill Schmick

It is not an easy decision. On one hand, consumers want to go out and shop for their children’s upcoming school year. But at the same time, they are concerned that if they do, they might catch the coronavirus. There is no easy answer. The 2021-2022 school year was supposed to usher in a new beginning. As such, retailers are still expecting sales of clothes, school supplies, and college dorm décor items to increase by 5.5% from last year’s depressed Covid-levels.  Even so, that still won’t match 2019’s 6.7% increase, but it is getting close, or was until the Delta…

Read more

Beware the delta variant

June 23, 2021June 23, 2021 by Bill Schmick

Airplanes are full, parkways are bumper to bumper, and restaurants are packed. The summer is in full swing, and for many, the coronavirus is a thing of the past.  Let’s hope it stays that way. The last thing I want to do is spoil the re-opening party. Afterall, we deserve to feel good, go out, meet family and friends without a mask, even chance a hug now and then. The one fly in all of our ointments may be the onset of an extremely contagious, and virulent coronavirus mutation dubbed the “delta variant.” You have probably read about this super…

Read more

The movies return

June 3, 2021June 3, 2021 by Bill Schmick

The Memorial Day weekend launched the unofficial beginning of the summer season. Movie owners are holding their breath in hopes that consumers, once vaccinated, may start to return to the cinema. Is it a false hope? Much has been written about the demise of the movie theater, even before the world was ravaged by the Coronavirus Pandemic. Sky high prices for tickets and the exorbitant costs of concessionary items like $8 bottles of water and $15 baskets of popcorn had made the movie-going experience almost as costly as a rock concert. At the same time, consumers were being offered the…

Read more

Cross currents confuse investors

March 26, 2021March 26, 2021 by Bill Schmick

You would think that with a $1.9 trillion spending package, an increasing rate of coronavirus vaccinations, and a potential $3 trillion infrastructure package waiting in the wings, the market would be at record highs. The fact it is not should tell you something about the indecision plaguing investors. When good news fails to impress, it usually means stocks (or at least some stocks) are headed lower. That should come as little surprise to readers. I advised investors to raise cash last month in preparation for what I see as a buying opportunity this month. The challenge: when do you put…

Read more

The coming economic boom

March 11, 2021 by Bill Schmick

The nation should have a lot to celebrate in the coming months. Most economists are busily raising their forecasts for growth for the remainder of the year. If their forecasts are accurate, Americans can expect a booming economy this year and into 2022. The arguments for growth are straightforward. The number of Americans that are being vaccinated is now higher than the number of new coronavirus cases. By the end of May 2021, if government forecasts are correct, almost everyone in the U.S. that wants a vaccination should have one. As a result, we can expect to see a re-opening…

Read more

The Ides of March and the Market

March 5, 2021March 5, 2021 by Bill Schmick

It was a rough week in the markets. Investors were whipsawed throughout the week and finished down once again. I expect more of the same for investors this month. However, I don’t expect stocks to go straight down, find a bottom and then rebound. This downdraft is occurring at about the same time that markets sold off last year, but I do not expect the kind of severe correction we suffered through then. Overall, I am anticipating a 10-15% decline as I mentioned last week. Actually, as of Friday (March 5, 2021) morning, we have suffered a 6.3% decline from…

Read more

Supply chain chaos

March 4, 2021March 4, 2021 by Bill Schmick

Americans are used to purchasing products, either on credit or cash, and having them delivered within a week, at the latest. Repairing those products (such as appliances) may take a little longer but not by much. The pandemic has changed all that. Now, I am not talking about empty shelves instead of toilet paper. That was last year’s problem. No, it’s about things like accessories, parts, and even some large appliances. Take my nine-year-old refrigerator, for example. The water dispenser on the outside door doesn’t work. This has been going on for a year and the part needed to fix…

Read more

Investors reduce risk as stimulus talks fail

October 16, 2020October 16, 2020 by Bill Schmick

Hope springs eternal, but even the most strident bulls threw in the towel this week. American politics took precedence over the country’s economic well-being once again, as both political parties refused to compromise on a stimulus deal. But it wasn’t only politics that spooked investors. Across the Atlantic, investors watched as COVID-19 outbreaks escalated across Europe. Germany, Austria, the Czech Republic, and Italy reported new records in infections, while France announced a curfew in order to stem their own skyrocketing cases. In the U.K., Londoners are now banned from mixing with other households indoors. In this country, despite denials by…

Read more

The market’s window is getting smaller

August 21, 2020August 21, 2020 by Bill Schmick

This week the benchmark S&P 500 Index made a minor new high for the year. While that is cause to celebrate, the question to ask is how much further can we climb in the face of a slowing economy before suffering a meaningful pullback? During the last few months, investors have been warned by just about every economist worth their salt that the country needs another jolt of federal stimulus. This has not happened. You can cast blame on whomever you want for that failure, but none of that matters to the more than one million American workers who lost…

Read more

Listen to what I’m saying

July 8, 2020July 8, 2020 by Allen Harris

Dalton — Time and again for these last few months, I’ve said to get reinvested if you got out of the market and to expect a big correction but to largely ignore it (or, if anything, use pullbacks to get reinvested). I have also pointed out that me expecting a “big” correction is rather optimistic, given that, as I detailed in the column “IRS lets you save on taxes,” in 12 out of 13 previous instances, after the stock market rallied following a waterfall decline, the stock market retested its lows. As readers know, a waterfall decline is a sharp drop…

Read more
Complete Article Archive
more articles

Service Areas +

  • Pittsfield
  • Lenox
  • Dalton
  • Lanesborough
  • Windsor
  • Cheshire
  • Hinsdale

Berkshire Money Management, Inc.
161 Main Street, Dalton, MA 01226
322 Main Street, Great Barrington, MA 01230
(413) 997-2006 | (888) 232-6072

Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal.
Form ADV Part 3 – Client Relationship Summary

© Copyright Berkshire Money Management Inc. – All Rights Reserved.

  • General Disclosures
  • Privacy Notice
  • Terms of Use
  • Standard & Poors
  • Dow
  • Links & Website Content