🏦 Powell Paints A Somber Picture For Recovery 📈

What you will find in this issue:

In This Week’s Newsletter: Powell paints a somber picture for recovery, and the markets slip in reaction.
Article of the Week: U.S. Retail Sales Tumbled in April
Did you Miss Last Week's Podcast, or Blog?

Weekly Financial News:

U.S. Retail Sales Tumbled in April

America's retail sales collapsed at a historic rate last month, underscoring just how badly retailers are struggling during the coronavirus crisis. An advance reading from the Census Bureau showed US retail sales plummeted by 16.4% from the prior month in April, the largest decline since this data series began in 1992. It was significantly steeper than the revised 8.3% sales decline in March. Read the article to find out more!

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Understanding

Non-Correlated Income

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Blog Post

Retirement Is

A Beginning

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Disclosures:

Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor. BCM and KC Financial Advisors are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents.

Fiduciary duty extends solely to investment advisory advice and does not extend to other activities such as insurance or broker dealer services. Advisory clients are charged a monthly fee for assets under management while insurance products pay a commission, which may result in a conflict of interest regarding compensation.