Barry E-Mag April 2020

Last Friday, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. This bill was massive, as the economic stimulus, loan guarantees, and direct payments amounted to $2 trillion. By comparison, $2 trillion is roughly 9% of 2019 U.S. GDP.

The legislation itself was over 880-pages long, and it addressed everything from unemployment insurance to RMD requirements, to direct cash payments from the US Treasury. The exact repercussions of the bill will become more clear in the week and months ahead, but below you will find a summary of the key points.

As always, please reach out to your team at Barry if you have any questions about the bill itself or how provisions within the bill might impact your wealth management strategy.

Read Our Analysis

Best Regards,
The Barry Team

Best of the Blog

Recession or Depression? Why The United States Is At A Crossroads

Historically speaking, pandemics typically don't cause economies to collapse all by themselves.

Fear & Greed: More Useful To Investors Than You May Think

To make the right investment decisions, investors need to keep their emotions out of the equation.

Kindness In The Face of Uncertainty

The COVID-19 pandemic has caused a significant amount of worry, but it's also spurring kindness.

Chart of the Month

The fear and greed index tries to determine which of these two basic emotions is driving the stock market at any given time.

To estimate this, the index considers seven factors: stock price momentum, stock price strength, stock price breadth (volume), option pricing, junk bond demand, market volatility, and demand for safe-haven assets (like U.S. Treasuries).

According to this measure, the fear gauge reached 8 during the week of March 23rd. Since then, the index has increased in value, now showing a 26. The key takeaway? While the market does feel more stable this week, it's likely that fear is still in the driver's seat. We will keep an eye on this measure of market sentiment going forward.

Employee Favorites

Things to Help With Social Distancing

For our team and many of our clients, social distancing and working from home will be “the normal” through April. With that in mind, we wanted to share two things that can help make it a little bit easier.

The first is an app called Nextdoor. Nextdoor is a local networking app, but COVID-19 has made it a tool for self-quarantined people to ask for help from their neighbors. For example, older neighbors can ask for help picking up their medication or groceries if they are self quarantined and feel nervous about going to the store.

The second is an online class, specifically designed for kids, called Kindness 101. Steve Hartman is going live on Facebook to share some of his favorite “On The Road” stories and the lessons from each one.

Investing Wisdom

"Reaching for yield is really stupid. But it is very human. People say, ‘Well, I saved all my life and I can only get 1%, what do I do?’ You learn to live on 1%, unfortunately. You don’t go and listen to some salesman come and tell you, ‘I’ve got you some magic way to get you 5%.’"

Warren Buffett

The Lighter Side Of Investing

Barry Team Happenings

Lauren, Beth and Sharon all celebrated birthdays in March. Happy Birthday to all!

Barry Investment Advisors
128 Union Street Suite 507
New Bedford MA 02740
(888) 992-8601undefined(508) 992-4700undefined | undefined

Twitter | Facebook | LinkedIn

Barry Investment Advisors (“BIA”) is an SEC registered investment adviser with its principal place of business in the Commonwealth of Massachusetts. BIA and its representatives are in compliance with the current registration and notice filing requirements imposed upon registered investment advisers by those states in which BIA maintains clients. BIA may only transact business in those states is which it is registered/notice filed or qualifies for an exemption or exclusion from registration/notice filing requirements. Any subsequent, direct communication by BIA with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of BIA, please contact BIA or refer to the Investment Advisor Public Disclosure web site (www.adviserinfo.sec.gov).

Investments involve risk and are not guaranteed. This web site and any information contained on the web site are not intended to provide investment, tax, or legal advice.

To see our full disclosure, please click here.

View as web page