Pennsylvania Trust

Investment Blog

Unemployment Recap

The number released this morning is obviously terrible as our economy is dependent on the Read more

U.S. Economy Contracted At 4.8% Pace Amid COVID-19 Shutdown

The record-long U.S. expansion is likely over as gross domestic product (GDP) declined for the Read more

Low Oil Prices Create Further Uncertainty

The extreme pressure on the WTI contract for May highlights ongoing concerns about the supply Read more

Oil Deal Should Help Restore A Supply/Demand Balance (Sort Of)

The world’s top oil producers (called the OPEC+ Alliance) pulled off a unprecedented deal to Read more

Don’t Fight The Fed

Over the course of the last month, the Fed has initiated aggressive actions to help Read more

Jobless Claims Continue to Soar

Earlier today, the Department of Labor confirmed that between March 14th ad March 28th, almost Read more

State of the Markets – March 28

Market indices rebounded this week by roughly 10% as Congress passed, and the President signed Read more

COVID-19 Lockdown Leads To Largest Jump In Initial Jobless Claims Ever

According to the Labor Department, the number of Americans filing for unemployment benefits climbed to Read more

Market Movements

Fiscal-stimulus hopes led to the second consecutive day of strong gains pushing the S&P 500 Read more

Potential Sign Of A Turning Point In Europe

According to data released Sunday afternoon, the rate of increase of positive coronavirus tests has Read more

COVID-19 Threatens More Than 15 Million U.S. Hospitality Jobs

The service industry will be one of the hardest hit by the economic slowdown being Read more

Fed’s Move Highlights Risks To Economy

As we all acknowledge, the coronavirus (COVID-19) has globally altered normal activities of all individuals Read more

Weathering the Storm

The trigger of recent volatility and the market sell-off that we’ve endured for the last Read more

OPEC/Russia Feud Adds Angst to Already Fragile Market

Major equity indices experienced their worst single session since the 2008 financial crisis as a Read more

Federal Reserve Cuts Rates By 50 Basis Points

As expected, as part of a coordinated global stimulus effort, the Fed cut interest rates Read more