Greetings,
Welcome to the latest edition of Leumi’s Weekly Reading List. I hope that you and your loved ones are healthy and out of harm’s way.
“Sell in May and go away” is an old Wall Street adage advising clients to stay out of the market during the “summer” period of May through October. With it being May 1st and the S&P 500 coming off of its best April since 1987, only time will tell if the adage holds true in 2020 (although, research shows that a buy and hold strategy reigns supreme).
As always, I found the articles below to be interesting, helpful, or entertaining.
- When Each US State Is Reopening Its Economy – Morning Brew created a visual tracker for when each state plans to reopen its economy.
- How COVID-19 Will Change the Nation’s Long-Term Economic Trends – The Brookings Institution provides a collection of views on how COVID-19 will have a long-term impact on business, employment, and life in general.
- The Trust Factor – Professor Willie Pietersen from Columbia Business School shares five ways leaders can maintain a high level of trust during a crisis.
- Stock Market and Economy Are On Different Paths? Here’s Why. – From Forbes.com, a former mutual fund manager explains why the stock market and economy seem to be disconnected.
- Savvy Ways to Gift Assets While Also Cutting Tax Rates – Financial Planning Magazine discusses strategies for gifting assets upstream (to parents) or downstream (to children).
- 10 Great Bourbon Cocktails – I’ve always thought of bourbon as a “warm weather whiskey”; with warmer weather upon us, I’m most interested in trying the Boulevardier via a recipe from A Couple Cooks.
I hope you enjoy!
