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August 2020 Market Update

August 4, 2020

Stock market keeps rising as GDP sinks
Stock market keeps rising as GDP sinks
Stock market keeps rising as GDP sinks

The U.S. economy experienced its biggest drop in history in the 2nd quarter as gross domestic product (GDP) contracted by 32.9% amid the Covid-19 pandemic. Unemployment began to decline from historically high levels in July, although nearly 4 million Americans filed new claims for unemployment in the final two weeks of July.

The U.S. economy experienced its biggest drop in history in the 2nd quarter as gross domestic product (GDP) contracted by 32.9% amid the Covid-19 pandemic. Unemployment began to decline from historically high levels in July, although nearly 4 million Americans filed new claims for unemployment in the final two weeks of July.

August 4, 2020

August 4, 2020

Remembering Darren Bagwell
Remembering Darren Bagwell
Remembering Darren Bagwell

Darren Bagwell, the Thrivent Chief Equity Strategist, recently passed away after battling a long-term medical condition. Darren was respected as a daring investment professional who pushed us all to deliver the best possible returns for our investors. Even as his illness persisted over the past few months, he elected the most aggressive treatment course. He refused to give up or give in.

Darren Bagwell, the Thrivent Chief Equity Strategist, recently passed away after battling a long-term medical condition. Darren was respected as a daring investment professional who pushed us all to deliver the best possible returns for our investors. Even as his illness persisted over the past few months, he elected the most aggressive treatment course. He refused to give up or give in.

August 4, 2020

July 28, 2020

Using virtual meetings to build your business now and in the future
Using virtual meetings to build your business now and in the future
Using virtual meetings to build your business now and in the future

During the era of social distancing, financial professionals have had to find innovative new ways to stay in touch with clients and connect with new prospects. But long after the pandemic fades away, the recent pivot to virtual get-togethers may still be valued as a timesaving, cost-effective strategy for interacting with clients and prospects.

During the era of social distancing, financial professionals have had to find innovative new ways to stay in touch with clients and connect with new prospects. But long after the pandemic fades away, the recent pivot to virtual get-togethers may still be valued as a timesaving, cost-effective strategy for interacting with clients and prospects.

July 28, 2020

July 21, 2020

Finding income in the current investment market
Finding income in the current investment market
Finding income in the current investment market

Searching for income in today’s market environment feels a bit like hunting for that cool oasis of water in a parched desert. It can be difficult to find, but not impossible. Learn more about the right kind of risk.

Searching for income in today’s market environment feels a bit like hunting for that cool oasis of water in a parched desert. It can be difficult to find, but not impossible. Learn more about the right kind of risk.

July 21, 2020