ROBARE & JONES ON THE MARKETS
Well The Standard & Poor's 500 index slipped 0.1% this week, its first weekly decline in a month. Those market results came amid reports of a planned increase in the US capital gains tax rate, but also better-than-expected corporate earnings and economic data.
The weekly decline came despite falling US cases of COVID-19, as the US State Department added more than 100 countries to its "do not travel" advisory list, which now covers about 80% of countries worldwide. Investors also fretted over reports that US President Joe Biden is planning to propose nearly doubling the capital gains tax rate for wealthy individuals.
By sector, energy had the largest percentage drop of the week, down 1.8%, and real estate had the largest gain of just up over 2%.
Next week's earnings slate includes Tesla (TSLA) on Monday; Alphabet (GOOGL) and Microsoft (MSFT) on Tuesday; Boeing (BA), Facebook (FB) and Apple (AAPL) on Wednesday; Merck (MRK), McDonald's (MCD) and Kraft Heinz (KHC) on Thursday; and Clorox (CLX), Exxon Mobil (XOM) and Chevron (CVX) on Friday.
Let's take a look at the benchmarks from this past week!
In Person vs. Virtual?
The past year has completely given our society a new perspective on the pros & cons to virtual vs. in-person for meetings, learning, church, and much more. We understand that each facilitating point has benefits that depends on the matter and the type of person.
We’ve broken down the differences so you can make an informed decision for your business and other environments that have the option to have an in-person or virtual experience.
So speaking of one of the pros to this growing virtual world, have you signed up for our FREE cyber security event on May12? Click here for more information as we're excited to bring in an industry expert to share the latest tips and ticks for your online security!
What's your opinion on in-person vs virtual? (Give us your opinion here)