As you may have noticed over the last week, interest rates are moving higher. It began with the Federal Reserve raising the level for its target benchmark to 2.00%-2.25%. This is the third rate hike by the Fed this year. They also signaled rates may rise again in December. Then over the last few days, [...]

I thought you might like to see some interesting longer-term perspectives from Dorsey Wright and Associates (DWA) on interest rates and their connection to the equity markets in which we are fully participating. Earlier this week, the Federal Reserve raised the level for its target benchmark to 2.00%-2.25%. This is the third rate hike by [...]

I hope everyone is having an enjoyable summer! Asheville’s summer this year reminds me of those growing up – not too hot and enough rain to keep things lush and green. In my last post following this year’s market correction, I cautioned that corrections are a process and on average take four months for markets [...]

The markets took a turn lower this past week and we are now approaching the lows of mid-February. The Dow is actually several percentage points lower than the S&P and Nasdaq, primarily because of the price action of Boeing. And while the market may be down 10%+/- from the January highs, most portfolios are down [...]

A bit over a month ago, I posted an article about market volatility. In it I reminded you that periods of low volatility won’t last forever and that a 5% pullback, or even a 10% correction, would not surprise me. Well, welcome to some newfound volatility and an 8% pullback (perhaps more to come). Markets [...]

Happy New Year!! I hope each of you had a wonderful holiday season and that 2018 is off to a great start (albeit a very cold one here in NC). As we begin the new year, it seems like a good time to share some thoughts about the market in 2017 and what we may [...]