The number one factor that will drive the trajectory of the market for the near future is the same one that has been the investment story for the post-election fourth quarter; the competing ideas of the hopes for an effective and quickly distributed COVID-19 vaccine...
With every passing day, you are moving closer to retirement. While leaving active employment comes with all manner of uncertainties, having adequate finances to last you through your after-work years is one thing you should never have to worry about. The Challenges of...
The end of September saw the S&P 500 grow 1.87% for the month which pushed the market past the losses from July and August to end the quarter up 1.18%. At a 19.94% return YTD, the S&P 500 ended the third quarter close to only 2% off its all-time...
This morning marked what many television market pundits have noted as an ominous milestone: the inversion of the yield curve (this one focused on the difference in 10-year and 2-year U.S. Treasury yields) for the first time since 2006. Obviously, any data point...
With the start of Monday comes an extension of what was quite the eventful week for markets. China’s announcement that it will be devaluing its currency comes after what was one of the busier weeks of the quarter for corporate earnings, important economic data...
The last two weeks have seen some significant developments to global equity markets. Fed Chairman Jerome Powell suggested the central bank was prepared to act to sustain the economy if the trade war weakened the growth outlook. A Friday evening Tweet from...
The month of May saw a stark reversal of the upward trend in the markets we have seen year to date. While the market remains up over 10% YTD, the S&P 500 is 6% lower than the all-time high reached in April. In our previous newsletter we outlined...
On Sunday, President Trump sent an afternoon tweet that the current 10% tariffs on $200 billion worth of Chinese goods will rise 25% on this Friday; he also threatened to place another 25% on an additional $325 billion of Chinese goods “shortly”. As one would expect,...
On Wednesday the Federal Reserve announced that they would not be adjusting the federal funds rate following their latest meeting. While the market initially responded to the announcement with a rally due to the prospect of stable rates being constructive for...
January Recap and Portfolio Changes At the time of our last newsletter we were in the midst of a pronounced selloff in the market. In that newsletter we covered some of the forces that were driving the sellers and pushing the buyers away. We have seen some of...
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