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Federal Spending Strengthens U.S. Dollar

The S&P 500 Index grew 5.8% in the first quarter in response to the massive fiscal stimulus and the anticipation of a significant economic rebound...

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rusted handcuffs over tax forms

IRS Lists Dirty Dozen Tax Scams

It’s the time of year when the Internal Revenue Service (IRS) releases its list of the latest tax scams. Scammers routinely use the anxiety of tax..

Read More

Magnifying glass on a $100 bill

“Funny Money” No Laughing Matter

iTestCash is a company dedicated to helping big and small businesses throughout the U.S. and abroad. Its CEO, Alex Reichmann, comes from a family..

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Economic Recovery Is Underway

With the completion of the fourth quarter of 2020 corporate earnings releases, investors are monitoring daily COVID headlines, rising interest rates,..

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Man and woman looking at paperwork

Initial Market in President Biden's First Days

The S&P 500 Index was down 1% in January based on investors’ revised expectations of corporate revenue growth and earnings. First, the COVID-19..

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Angled screen representing stock numbers

Investment Market Update: Positive Takeaways From 2020

2020 was an unusual and volatile one with the S&P 500 Index’s 34% decline in 30 days in March followed by a retracement and rise of over 16% by..

Read More

Young man smiling looking at receipts and his laptop

Stop Ransomware Before It Stops You!

Ransomware is a type of malicious software that encrypts files, preventing access until a demanded sum of money is paid in exchange to unlock files...

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Man in glasses smiling while entering card information into his phone

8 Ways to Avoid Online Fraud

Cyberattacks are becoming more and more sophisticated and common. According to the 2019 Norton Cyber Security Insights Report, 152 million U.S...

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A Dozen Ways to Protect Your Mobile Device from Hackers

As of January 2020, there were approximately 246.3 million mobile internet users in the United States, accounting for 87 percent of the population,..

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Person entering information into a laptop, no face is shown

8 Tips to Protect Your Identity

According to a recent study by Javelin Strategy & Research, identity fraud reached $16.9 billion in 2019. As identity fraud continues to be a major..

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Stock market screen with multiple lines

Investment Market Update, Q3 2020

The S&P 500 and Nasdaq index had wonderful performance during the third quarter, with returns of 8.5% and 11%, respectively. However, pre-election..

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Market showing resiliency in some sectors

Despite the concerns about strained relations with China, increased COVID infections, social protests, weaker earnings, high U.S. unemployment and..

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grandpa pushes grandson on swing

Highlighting Highlighters

I normally do not make a practice of working from home, but with safe distancing and travel limitations sparked by the pandemic, staying home was..

Read More

Two men looking at a computer screen

Growth Poised to Follow Re-opening of the Economy

Investors reconsidered the emotionally-oversold market in the month of April and bravely pushed the market higher by 12.7% even before news about the..

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Federal Spending Strengthens U.S. Dollar

The S&P 500 Index grew 5.8% in the first quarter in response to the massive fiscal stimulus and the anticipation of a significant economic rebound. The recent passage of the $1.9 trillion federal stimulus package added to the previous five major stimulus bills totaling over $5.2 trillion. Lawmakers as well as the Federal Reserve have responded dramatically to the COVID pandemic flooding the market with liquidity and the markets responded positively. The COVID-relief money flooding into depository institutions is being used for consumption and investment and helping corporate earnings rebound quickly.

More

IRS Lists Dirty Dozen Tax Scams

It’s the time of year when the Internal Revenue Service (IRS) releases its list of the latest tax scams. Scammers routinely use the anxiety of tax season to prey on the unsuspecting, and this year, they’re also using the pandemic and the government’s Economic Impact Payments to steal money and identities from taxpayers.

More

“Funny Money” No Laughing Matter

iTestCash is a company dedicated to helping big and small businesses throughout the U.S. and abroad. Its CEO, Alex Reichmann, comes from a family that has spent their lives focused on the protection of people’s money. His grandfather’s company invented the counterfeit detector pen that many banks and retail businesses use to identify counterfeit bills.

More

Economic Recovery Is Underway

With the completion of the fourth quarter of 2020 corporate earnings releases, investors are monitoring daily COVID headlines, rising interest rates, and the potential for a new stimulus program. Corporate earnings were mostly better than expected and guidance for the year ahead was surprisingly strong.

More

Initial Market in President Biden's First Days

The S&P 500 Index was down 1% in January based on investors’ revised expectations of corporate revenue growth and earnings. First, the COVID-19 vaccine distribution and inoculation process is proceeding slowly while the virus is mutating. The new strains appear to be slightly more virulent and the vaccination timeline will take longer and delay economic normalization.

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Why Should I Use My Debit Card?

 

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Investment Market Update: Positive Takeaways From 2020

2020 was an unusual and volatile one with the S&P 500 Index’s 34% decline in 30 days in March followed by a retracement and rise of over 16% by year-end. This proved once again that a longer-term outlook is required in successful equity investing.

More

Stop Ransomware Before It Stops You!

Ransomware is a type of malicious software that encrypts files, preventing access until a demanded sum of money is paid in exchange to unlock files. Individuals and businesses have become targets in this growing online fraud.

More

8 Ways to Avoid Online Fraud

Cyberattacks are becoming more and more sophisticated and common. According to the 2019 Norton Cyber Security Insights Report, 152 million U.S. consumers were victims of cybercrime – more than half of the country’s adult online population – with losses totaling nearly $11.3 billion. Crews Bank & Trust is highlighting ways to help consumers protect themselves against online fraud.

More

A Dozen Ways to Protect Your Mobile Device from Hackers

As of January 2020, there were approximately 246.3 million mobile internet users in the United States, accounting for 87 percent of the population, according Statista, a provider of market and consumer data. Review 42  reports that the average user will tap, swipe, and click their phone 2,617 times a day and spend 171 minutes a day on a device.

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8 Tips to Protect Your Identity

According to a recent study by Javelin Strategy & Research, identity fraud reached $16.9 billion in 2019. As identity fraud continues to be a major threat, Crews Bank & Trust is offering tips to help consumers proactively protect their information from identity thieves.

More

Investment Market Update, Q3 2020

The S&P 500 and Nasdaq index had wonderful performance during the third quarter, with returns of 8.5% and 11%, respectively. However, pre-election politics obstructing a new federal stimulus package and an escalation in COVID cases caused both indexes to decline in September.

More

Market showing resiliency in some sectors

Despite the concerns about strained relations with China, increased COVID infections, social protests, weaker earnings, high U.S. unemployment and the November election, the S&P 500 Index is up 1% for the year while the Nasdaq Index is up 19.7%. The increasing spread of the virus is suppressing a healthy economic recovery as consumers and businesses remain conservative in their spending.

More

Highlighting Highlighters

I normally do not make a practice of working from home, but with safe distancing and travel limitations sparked by the pandemic, staying home was something many were following.

After setting up my home office and starting some projects, I reached for my yellow highlighter, then laughed because I didn’t have one at home, then resorted to using Post-it Notes.

More

Growth Poised to Follow Re-opening of the Economy

Investors reconsidered the emotionally-oversold market in the month of April and bravely pushed the market higher by 12.7% even before news about the virus infection curve flattening. Since the “shelter-at-home” policies have reduced the infection rate, government policymakers are announcing dates for re-opening the economy.

More