Waycross Partners is continually looking for opportunities to increase communication and transparency between our investment team and our clients. As such, we hope you find that the commentary and information presented below provides you with additional insights into the markets and our thoughts surrounding them.
Stocks finished higher for the week led by energy, tech, and consumer discretionary. However, stocks have largely been in a holding pattern since mid-April, when first-quarter earnings reports began coming out. The April employment report showed that nonfarm payrolls fell by 20.5 million last month, erasing roughly all the jobs
The S&P 500 was down 1.3% for the week, snapping a two-week winning streak. President Trump signed a $484 billion stimulus package that will add to funds for small-business lending and direct money to hospitals and efforts to ramp up U.S. testing capacity in the fight against COVID-19. The bill
U.S. stocks posted their best weekly gain in more than four decades on Thursday, buoyed by the Federal Reserve’s surprise announcement it would provide $2.3 trillion of funds through its lending programs to support the broader economy. Data showed another 6.6 million Americans claimed unemployment benefits in the latest week
Letter From Ben Dear Fellow Investors, The first quarter of 2020 was one for the record books. US stocks dropped precipitously in the first three months of the year as concerns about the global coronavirus pandemic and its impact on businesses and the economy grew. Amid a tumultuous quarter that
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