Amy Qiu Receives CTFA (Certified Trust and Financial Advisor) Designation

April 2, 2020 Announcements
The walls of City Hall

Welch & Forbes is proud to announce that Client Relationship Specialist, Amy Qiu, has received her CTFA (Certified Trust and Financial Advisor) designation. The Certified Trust and Financial Advisor (CTFA) is a professional designation offered by the American Bankers Association (ABA), which provides training and knowledge in fiduciary and trust activities, financial and estate planning, […]

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Supporting IINE’s 2020 International Women’s Day Celebration

March 13, 2020 Announcements
womens day banner graphic

Welch & Forbes was honored to have supported as an Ally Sponsor the International Institute of New England’s 2020 International Women’s Day Celebration on Friday, March 6. The event honored EY Boston and three woman leaders: Marina Hatsopoulos Bornhorst – A writer and technology entrepreneur, Jackie Glenn – Founder and CEO of Glenn Diversity and HR Solutions, and […]

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Investment Review – March 2020

March 12, 2020 Investment Review
Stack of coins

 Stocks in February experienced an acceleration in volatility as the spread of COVID-19 widened to include all continents except Antarctica. Overall, the S&P 500 returned -9.3%, and the Dow Jones Industrial Average returned -11%. The Nasdaq Composite fared better, losing -7.5% during the month. Each index corrected over 10% from its recent all-time highs […]

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Economic Outlook – March 2020

March 12, 2020 Economic Outlook
Positive Economic Trend Graph

 The novel coronavirus – named COVID-19 – dominated the attention of both the media and markets as the month of February unfolded. What is understood to have originated in Wuhan, China in December 2019 had, by the end of February, spread to six continents. How far and wide the virus will spread is still […]

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Investment Review – February 2020

February 13, 2020 Investment Review
Stack of coins

 January was a volatile month of trading, and the market plunged on the last day amid rising fears about the rapid spread of the coronavirus. Overall, the S&P 500 returned -0.04% in January, and the Dow Jones Industrial Average returned -0.89%. The Nasdaq Composite fared better, generating +2.00% during the month. Oil prices fell […]

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Economic Outlook – February 2020

February 13, 2020 Economic Outlook
Positive Economic Trend Graph

 The first estimate of fourth quarter real GDP growth was 2.1%, with positive contributions from consumption, government spending, home building, and exports, partly offset by negative contributions from inventories and nonresidential fixed investment. Consumer spending was much lower than in the third quarter, +1.8% vs. +3.2% in Q3. For the full year 2019, the […]

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Investment Review – January 2020

January 17, 2020 Investment Review
Stack of coins

 In stark contrast to the December decline one year ago, the S&P 500 returned 3.02% for the month, closing 2019’s total return up 31.49%. Consumer spending was robust during the Holiday season. MasterCard Spending Pulse, which tracks consumer-spending tendencies, saw an increase of 3.4% from Nov. 1 through Dec. 24th. This is an impressive […]

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Economic Outlook – January 2020

January 17, 2020 Economic Outlook
Positive Economic Trend Graph

 According to the U.S. Commerce Department, third quarter Gross Domestic Product (GDP) increased 2.1%, above the economy’s growth potential of 2.0%. There was no revision to the estimate published in October. A tempered growth rate since the financial crisis is one of the driving forces behind the elongated bull market cycle. Corporate managers have […]

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Supporting the 2019 Suffolk Law All Rise Panel and Dinner

December 13, 2019 Announcements
Suffolk Law All Rise Event Logo

Welch & Forbes is proud to have supported as a sponsor Suffolk University’s 2019 All Rise Event. The panel and dinner recognized and honored various female Suffolk Law students and alumnae at the Omni Parker House. Suffolk University characterizes the event as the following: “Our history of glass shattering began over eighty years ago with Marian […]

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Investment Review – December 2019

December 12, 2019 Investment Review
Stack of coins

 U.S. stocks closed out November with their largest monthly gains since June. The Dow Jones Industrial Average, S&P 500 and the Nasdaq Composite each rose more than 3% for the month. The indexes set records in the month. An accommodative Federal Reserve and confident consumers have supported current economic growth and expectations for stock […]

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