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Welcome to the Lifeplans Financial and Insurance Services Blog. We plan to keep everyone up to date on news, hot topics and current events through this platform going forward. Please check back weekly for new blog posts by our Chief Executive Officer, Jeffrey Bogdan.

 

Thursday, November 19, 2020

News of a COVID-19 vaccine ignited a rally in economically sensitive stocks and a broad retreat in technology companies last week, though enthusiasm was tempered by reports of rising new infections and fresh lockdowns.The Dow Jones...

 

Monday, November 16, 2020

Though final counts continue, media outlets have declared Joe Biden the president-elect of the United States. President Trump, however, has stated his intention to contest election results. Pending a runoff election in Georgia,...

 

Thursday, October 29, 2020

The failure to reach an agreement on a new fiscal stimulus bill soured investor sentiment and sent stocks modestly lower for the week.The Dow Jones Industrial Average fell 0.95%, while the Standard & Poor’s 500 lost 0.53%....

 

Thursday, October 22, 2020

Stocks treaded water last week amid fading prospects for a stimulus bill, fears of a second wave of COVID-19 cases, and increasing political and regulatory pressures on Big Tech companies.The Dow Jones Industrial Average added just 0...

 

Thursday, October 15, 2020

Despite a shift in focus towards the fast-approaching presidential election, vaccine development remains a source of good news. Moderna – one of the leading COVID-19 vaccine developers – stated that it will not enforce...

 

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Thursday, October 1, 2020

Stocks were mixed last week as worries that stretched from Washington D.C., where prospects of a new fiscal stimulus bill dimmed, to Europe, which saw an increase of new COVID-19 cases.The Dow Jones Industrial Average declined 1.75%,...

 

Thursday, September 24, 2020

Stocks slipped as the technology sector remained under pressure and a mid-week announcement by the Federal Reserve failed to inspire investors.The Dow Jones Industrial Average declined 0.03%, while the Standard & Poor’s 500...

 

Thursday, September 17, 2020

Stocks traveled a volatile path last week as investors appeared concerned about the upcoming elections, an uncertain economy, and more delays with additional fiscal stimulus.The Dow Jones Industrial Average slid 1.66%, while the...

 

Thursday, September 3, 2020

Stocks advanced relentlessly last week on positive COVID-19 developments, encouraging economic data, and a supportive policy shift in the Fed’s approach to its target inflation rate.The Dow Jones Industrial Average increased by...

 

Thursday, August 27, 2020

Stocks powered to another week of gains as the S&P 500 and Nasdaq Composite set multiple new record highs along the way.The Dow Jones Industrial Average was essentially unchanged while the Standard & Poor’s 500 rose by 0...

 

Thursday, August 20, 2020

Stock prices drifted higher in an otherwise quiet news week, as a slowdown in new COVID-19 cases outweighed a Congressional impasse on a new fiscal-spending measure.The Dow Jones Industrial Average gained 1.81%, while the Standard...

 

Thursday, July 9, 2020

Coronavirus cases continue to spike in the U.S. and around the world, with new local hotspots in the states being Arizona, Texas, Florida and California. Several major pharmaceutical companies announced progress in human clinical...

 

Thursday, June 25, 2020

With coronavirus cases showing signs of a global spike, new hotspots are starting to emerge in the states. Meanwhile, the U.S. Government has formed “Operation Warp Speed,” a team of five pharmaceutical companies...

 

Sunday, June 21, 2020

I’m writing today to let you know about new federal laws (known as Regulation Best Interest, or Reg BI for short) aimed at protecting investors. While many financial professionals are already acting in the best interest of their...

 

Thursday, June 18, 2020

While some of the states that relaxed social distancing measures are experiencing a surge in COVID-19 cases, decreasing trends are being seen in several east coast states. Additionally, gained knowledge on the spread of the virus has...

 

Thursday, June 11, 2020

Alongside the official U.S. recession announcement were some glimmers of hope in the form of a downward trend in new coronavirus cases and a decrease in the unemployment rate. While there are caveats to both, including 21 states with...

 

Thursday, June 4, 2020

We’ve likely all noticed the civil unrest sweeping across the U.S. this past week, and we’re hoping you’re staying safe and well with your loved ones. The large number of people involved in protests have driven...

 

Thursday, May 28, 2020

A new milestone was reached as COVID-19 candidate vaccines began being tested in human clinical trials at record speed. Meanwhile, economic data over the last week continues to indicate a recession but is also showing signs of life...

 

Thursday, May 21, 2020

Hope was lifted this week with the potential development of a vaccine for COVID-19 however, the preliminary release of the vaccine quickly created skepticism. Unemployment is likely to peak in the next month and a new bill known as...