The Morning View: September 24, 2020
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager In this morning’s data, Initial Jobless Claims were 870,000 for the week ending September 19th, an increase from the previous week and higher than expected. Continuing Claims were 12,580,000 as of...
The Morning View: September 24, 2020
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager In this morning’s data, Initial Jobless Claims were 870,000 for the week ending September 19th, an increase from the previous week and higher than expected. Continuing Claims were 12,580,000 as of...
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The Morning View: September 4, 2020
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager Announced this morning, the economy added 1,371,000 jobs in August, a bit more than expected. The Retail Trade industry was strong, while the Motor Vehicles and Parts industry was weak. The Unemployment...
Argent Employee Spotlight – Tim Quinn
Q. What led you to Argent and what makes it unique? A. I joined Argent in October 2018 after more than 35 years in wealth management with a large national bank firm. I was attracted to Argent because of its excellent corporate reputation in the markets we serve. I...
Three Strategies To Consider When Supporting Your Favorite Charity or Non-Profit Organization
Many of us are taught early in life that it is better to give than receive. This maxim often becomes the foundation for our charitable and philanthropic contributions, which typically occur in the later stages of our lives, when many feel a desire to give back to the...
The Morning View: August 28, 2020
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager Announced this morning, Personal Income increased 0.4% in July, more than expected but only a slight rebound from the negative figures the previous month. In addition, Personal Spending increased 1.9% in...
How to Take Control of Your Future in the New Economy
Businesses have tightened their belts and found new ways to earn money, and so should you. Originally published on Kiplinger.com on August 20, 2020 BY: TIMOTHY BARRETT Trust Counsel, Argent Trust Company | (502) 569-7400 The economic impact of COVID-19...
Understanding Emerging Market Equities
Emerging Markets (EM) have come a long way as an asset class during the past two decades. Once regarded as equities reserved only for the brave, it is now an important part of a diversified portfolio. Previously, EM investors often faced the perils of debt defaults,...
CARES Act Clarification on IRA Distributions Announced
On March 27, 2020, President Trump signed the $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law. The 880-page Act included multiple provisions that impact Argent clients, but at the time of its signing did not address “undoing”...
Why Investors Should Understand the Importance of Working With a Fiduciary
Originally published in the August 2020 issue of Dominion Magazine BY: DEANNA RANKIN, CFIRS® For many people, understanding the jargon most financial advisors use when discussing investments can be a challenge. There are two words, however, that individuals should...
The Morning View: August 18, 2020
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager Announced this morning, Housing Starts were 1,496,000 in July; an increase of 22.6%, much higher than expected and driven partly by an increase in the number of single-family homes. In addition, Building...