Blog

I am writing today as the third quarter has come to an end and it feels like we are experiencing a giant long nightmare over the last several years. At the beginning of 2020, society was stopped in our tracks as we had to navigate Covid-19 and our total economic shut down. These last two years have been a daily and constant state of chaos.

Now that the first third of the year has come to an end, I thought it was time to reach out to you and share my thoughts on all that we are experiencing. It is hard to filter through all of the headlines and identify which will have a greater effect on the market. Economy Our economy is strong and there are many very positive factors that suggest we will continue to grow from here. Our unemployment rate is near all-time lows at 3.6% (as of March 2022).

 Several months have passed since my last communication to you.  During the initial days and weeks of the pandemic as we were overwhelmed with the fallout from COVID-19, I felt it was necessary to let you know as much information as possible.  My desire was to lower the level of anxiety that you felt with regards to your investments and the markets.  There was a tremendous amount of uncertainty with all aspects of our lives and I wanted you to be able to put the financial wor

 I am definitely suffering from “Cabin Fever”.  We are well over a month with extremely limited in person interactions and a drastically altered daily routine. As the weather turns warmer, and yes I realize we did have snow again this week here in New Hampshire, with the grass turning green and starting to grow, with leaves appearing on the early bloomers, it feels like time to get busy.  The state of our economy is making most people feel the same way, its time to get

  Reopening our economy; When, how and what conditions need to be metThis has always been a Virus driven event.  COVID-19 is the reason our lives have been altered so dramatically.  So, it is there that we start this update.  The US is approaching 600,000 confirmed cases but the rate of increase of new cases has slowed.  On April 10th we had over 35,000 new cases while yesterday's new cases confirmed were just shy of 25,000.  23,649 people have died in Amer

Time Since Social Distancing Began - April 3, 2020This is the 4th time I am reaching out to you since the COVID -19 crisis has started here in America.  I will continue to try to give you the most current and accurate information that I can based on what I know as of the time I am writing to you. This is a crisis that has two main fronts to it: the actual COVID-19 virus and then the effects on our economy and our investments.COVID-19As of this time we have over 245,000 cases confi

  Over the past several weeks we have all personally experienced the response to the coronavirus.  Store shelves have been bare, social interaction is being minimized causing schools to switch to virtual or remote learning and some businesses have been forced to close.As many of you know, we are furiously monitoring data and information and participating in many conference calls and webinars to gain as much insight as possible on current events.  I wanted to share some of our

 As we continue to monitor the Coronavirus (COVID-19), I believe it is now time for me to address the impact of the virus with you today.  Benoit Financial Planners will remain open but at the same time steps have been taken to minimize impact to you, our employees and the community. Our goal is to both maintain the health of our clients and employees while ensuring that we continue to deliver the service you have come to expect.As a company, we have been following the CDC's r

Market Volatility - March 11, 2020Over the last several weeks, the market has become very volatile as the effects of the Covid-19 virus become more widespread.  The primary reason that we are seeing significant short-term swings in the market is the uncertainty of how this will affect our health and from an investment standpoint, how this will affect our economy and the companies that we are invested in. As you are well aware, I have no medical qualifications to talk about the health e