Presented by Matthew Glova August was another strong month for financial markets. The S&P 500 and Nasdaq Composite both set all-time highs, gaining 7.19 percent and 9.70 percent, respectively. The Dow Jones Industrial Average (DJIA), which has been slower to recover from pandemic induced volatility earlier in the year, gained a strong 7.92 percent. This [...]
Presented by Matt Glova and the LifeTime Asset Management team: August 31, 2020 The 10-year Treasury yield reached 0.78 percent late last week, rebounding from a low of 0.62 percent only a few days earlier. It opened at 0.73 percent on Monday morning. The 30-year jumped from 1.32 percent to 1.57 percent, opening Monday at [...]
If you receive calls, emails, or other communications offering COVID-19 related grants or stimulus payments in exchange for personal financial information, or an advance fee, or charge of any kind, including the purchase of gift cards, please do not respond. These are scams! Many of these scammers claim to be from the Treasury Department. If [...]
We received an invaluable gift from one of our clients last quarter––masks! LTAM client Dee Dee Triplett sewed a number of masks for our LTAM office. Dee Dee crafted and sent these masks before mask patterns were widely available–for many of us at LTAM, these were the first and only masks we had for weeks. [...]
Presented by Matt Glova and the LifeTime Asset Management team: July 27, 2020 The 10-year Treasury yield fell to 0.55 percent last week, slightly above the historical low of 0.54 percent reached on March 9. It opened at 0.57 percent on Monday. The 2-year yield opened at 0.14 percent, and the 30-year yield opened at [...]
Matt and Sarah Glova are thrilled to add Eli Alexander Glova to their family. Their son Sawyer is very happy to be Eli's big brother. Date of Birth: June 25, 2020 at 9:18 am Weight: 8 pounds, 3 ounces Length: 21 inches Guy and Kathy Swain are extremely proud, first-time grandparents to Jack Austin Esposito. [...]
Presented by Matt Glova and the LifeTime Asset Management team: June 29, 2020 The 10-year Treasury yield dropped to 0.64 percent last Friday, its lowest point since mid-May, and opened at that level early Monday. The 30-year opened at 1.37 percent and the 2-year at 0.16 percent. Uncertainty with the direction of the economy and [...]
Presented by Matt Glova and the LifeTime Asset Management team: May 26, 2020 The 10-year Treasury yield opened at 0.65 percent on Monday morning before bouncing up to 0.70 percent. The 10-year traded between 0.59 percent and 0.75 percent last week. The 30-year opened at 1.42 percent, and the 2-year opened at 0.18 percent—both higher [...]
Memorial Day is a solemn day of remembrance, as we honor those who died serving in the American armed forces. Originally known as Decoration Day, the tradition started after the Civil War, gained a strong following after WWII, and was officially named Memorial Day in 1967. In 1968, Congress passed the Uniform Holiday Act, designating [...]
Federal, state, and local governments have extended a number of deadlines amid the coronavirus pandemic. Here are just a few of the deadlines that have been affected. Federal and state income taxes The IRS has postponed the due date for filing federal income tax returns and making tax payments from April 15, 2020, to July [...]