Learning from the Household Net Worth Report By: Stacey Nickens The net worth of U.S. households and nonprofits climbed 6.8% between the first and second quarter in 2020. At $118.96 trillion, the net worth of households and nonprofits in the second quarter already exceeded pre-pandemic levels. Aside from highlighting the economy's rate of recovery, the [...]
Positions I'm Watching: Home Improvement Stores By: Stacey Nickens With people stuck at home, more consumers are spending money on home improvement projects than ever before. Last week, Home Depot reported the highest quarterly growth in sales in almost 20 years. These numbers suggest that consumers are spending money on their homes that would normally [...]
Positions I'm Watching: RV Manufacturers By: Stacey Nickens The coronavirus crisis has made vacationing much more challenging. Many individuals have put travel plans on hold rather than go to an airport or get on a cruise. However, I believe that individuals will seek out new and safer ways to travel. For that reason, I have [...]
Positions I'm Watching: Biotechnology ETFs By: Stacey Nickens | July 24 Tons of biotechnology companies are tasked with developing a COVID-19 vaccine, making their stocks an appealing buy. However, when one or two of these companies eventually succeed, the others will could see a drop in the value of their stocks. Since none of us [...]
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