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As you are probably aware, the market sold off on Friday and is selling off again today. As I write, the S&P 500 is down almost 1.5% for the day and is roughly 2.5% below the all-time high set last week. Worries about the coronavirus in China seem to be at the heart of the [...]
You may have already heard that year-end legislation to fund the government included changes to retirement savings law. The following chart offers an overview of what we know (or believe) to be true with respect to the new law. As with most legislation making such sweeping changes, the details, and implications for investors (pre- and [...]
I know you just heard from me a few days ago and a new email so soon should not be interpreted with alarm. Instead, my intent is to provide some additional perspective on a December we all hope to soon forget. I continue to believe that this market downturn, which began in early October and [...]
You’ve probably heard the old saying that bull markets die in euphoria. Many investors begin to wonder whether we’ve reached a euphoric state when the market continues to make all-time highs…like now. In 2019, the S&P 500 has already recorded more than 20 new all-time highs and today we’re trading just under the most recent [...]
As you may know, we are in the midst of another quarterly earnings season. The onslaught of news about the health of corporate America is a welcome relief to recent news cycles focused on trade/tariffs, impeachment and various indiscretions in Washington. The S&P 500 reached a new all-time high yesterday and while some may want [...]
There have been a number of market-moving events beginning this summer. The U.S. trade war with China continues to drag on, and investors have become worried it may tip the global economy into recession. It could go unabated, or it could be resolved more quickly than people think. The reality is that nobody knows, so [...]
As you are undoubtedly aware, technology is changing and enhancing all fields. And while much of the financial technology clients come in contact with is related to reviewing accounts online, paying bills, etc., we are beginning to see some real advancements in portfolio construction and risk mitigation tools. Investment risk can be defined in various [...]
You know it’s late August when corporate earnings season is over, the market is trading off of whatever little news is available, and volatility increases (many Wall Street people are on vacation, trading volume is low, so market moves tend to be exaggerated). That’s where we are now. It feels the same as last August, [...]
The market took a big dive yesterday and the news media screamed about an inverted yield curve and a recession. You might ask, so what is an inverted yield curve? During most times, investors require higher payments (yields) for buying longer-dated bonds. Or think of a CD – a bank typically pays you more interest [...]
Mark Twain once joked, “I’ve been through some terrible things in my life, some of which actually happened.” The same can be said for investors. Since the financial crisis, investors have spent a lot of time and energy worrying about events that seemed destined to send the markets into another deep dive. Remember these events? [...]
