In our investment process, we often have to ask ourselves this question: Something bad has happened to a company or market; does the current price reflect the news?
The events of the past two years should serve as a good reminder to all of us that no matter what we do every day, we face risks beyond our control. However small the risk may be, there is no way to ensure that you avoid falling victim to these types of events. Not that we should live our lives in constant fear — we should just prepare for the worst and then feel very fortunate should we end up living long and healthy lives.
Parsec’s research team reviews key market and economic trends from the past quarter and provides insights through year end.
As the name implies, stock buybacks (also known as share repurchase programs) happen when companies buy back their own shares. A firm uses its cash position to repurchase company stock either in the open market or directly from select shareholders. These programs reduce the number of shares outstanding for the company in question and thus increase the ownership stakes of its remaining shareholders. The end result is more profits or earnings per share (EPS) per shareholder.
We recently hosted a webinar where our research team discussed key economic results from the first quarter of 2021 and trends to watch, our director of investment management explained our portfolio management process, and we answered questions submitted.
As the whole world reels from the economic, financial, health and social impacts of COVID-19, the forecasts for what will happen to the global and U.S. economies become ever more dire. Unfortunately, no one can possibly know the true outcomes so all the numbers you hear and see are mostly speculation, usually based on some
The CARES Act is a massive $2.2 trillion fiscal stimulus package providing relief to both individuals and businesses affected by the economic fallout from the coronavirus. The bill is over 600 pages, so we’re highlighting the three sections of the bill that are most applicable to our clients.
At the moment, financial market participants around the world have decided that this disease is going to hit the global economy about as hard as the disastrous Spanish Flu Epidemic of 1918. That was the first appearance of the H1N1 virus or “bird flu.” It sickened more than 500 million people globally or about one-third
