Insights

Insight and Analysis on the Market from our Financial Advisors

After decades of experience managing portfolios, our financial advisors have gained valuable insight into the market. Here, they share knowledge they have gained and analyze recent developments to aid in forecasting future trends.

Find out how your portfolio could be improved by scheduling a free consultation with our financial advsiors.

Fourth Quarter 2017 Market Review

Look Both Ways as You Cross the Street? Stocks, as measured by the Russell 3000 Index, rose for a fourth straight quarter with a gain of 6.34%. Bonds, including treasuries, were up 0.39% even with the Federal Reserve hiking interest rates a quarter of a point in December. Commodities (as measured by the Bloomberg Commodity […]

Second Quarter 2017 Market Review

With the current stock market uptrend now the second longest bull market on record, and the economic expansion the third longest since the end of WWII, there’s been a lot of talk and, in some cases warnings, that both of these trends are in danger of coming to an end. Our short answers to these […]

First Quarter 2017 Market Review

Equity investors began their celebration immediately after the November elections. On the other hand, fixed income investors made an initial exit from the bond market only to cautiously creep back in after November’s shock. The markets were reacting to President Trump’s determination to “make America great again”, partly by reviving an economy that never was […]

Fourth Quarter 2016 Market Review

Investors spent much of the last few years concerned that the economy might slip back into a recession given the slow growth environment we were experiencing. This perception changed abruptly during the fourth quarter as indicated by the surveys for consumer confidence, investor confidence and small business expectations which all turned strongly positive. Since better […]

Third Quarter 2016 Market Review

The stock market shifted gears during the third quarter as investor concerns over the economy faded. As a result, growth oriented equities (like Technology stocks) moved from the worst performing (-2.84%) economic sector during the second quarter, to the best (+12.9%) during the third period. And because higher inflation and interest rates are highly correlated […]

Second Quarter 2016 Market Review

In all our years of working in and studying the stock market, we cannot recall when so many investors got it wrong. “Power to the People!” was a widely heard slogan in the U.S. during the 1960s. The U.K. citizens seemed to reflect that sentiment in late June when they voted to exit the European […]

First Quarter 2016 Market Review

To say that the past three months have been a volatile period for the market is not an exaggeration. With terrorism in the background, oil prices plummeting, negative interest rates in Europe and Japan, and economic growth in question throughout most parts of the world, January got off on a terrible note, sending the Dow […]

Fourth Quarter 2015 Market Review

Having finally taken the plunge to initiate a cycle of rising interest rates, the question uppermost on many investors’ minds is whether or not the Federal Reserve will follow through and continue to raise rates over the course of 2016. While the recent performance of the US economy is less than uniformly supportive, policy makers […]

It’s Never too Early to Start Investing for Dividends

“The three worst things that ever happened to Investing are Ameritrade, E*Trade and Scottrade!” That’s how I usually get started when I’m ready to climb on my soap box and discuss building wealth with anyone willing to listen. While I believe all of these institutions are reputable (in fact I have an account with Ameritrade), […]

There is Still Time to Fund Your 2015 IRA

Many of us view April 15th*, the date by which we must file our tax returns for the preceding year, as an important deadline. However, for all of us, it actually represents a much more significant deadline: Tax Day is the last day that we can make our 2015 contributions to our Individual Retirement Accounts. […]

Third Quarter 2015 Market Review

History shows us that the greatest threats to a bull market are recessions. So when the market fell quickly (-11%) one week in August, investors and the financial press were quick to round up the usual suspects to blame for the recession that was likely to occur. Heading up the list was once again China […]

Second Quarter 2015 Market Review

The U.S. Economy rebounded from its modest decline of the first quarter that suffered from inclement weather on the East Coast, a prolonged dock strike on the West Coast, an abrupt decline in oil prices and the negative impact on exports caused by a strong dollar. The rebound seemed to return economic growth to the […]

First Quarter 2015 Market Review

The first quarter turned out to be one of the more volatile periods for the stock market we have seen since early 2012.  With the dollar strong and inclement weather a deterrent, investors first became concerned that economic growth was moving at a dangerously slow rate.  But then job growth picked up nicely, oil prices […]

Fourth Quarter 2014 Market Review

Wall Street forecasters believe the U.S. economy started off 2015 with the strongest momentum in at least a decade and is in better shape today than any other developed country in the world.  Importantly due to the full scale resurgence of the U.S. Energy Industry, economic growth has averaged 4.8% over the past two quarters, […]

Second Quarter 2014 Market Review

The stock market continued to move higher in the second quarter of 2014 despite the abrupt halt of Japan’s economic turnaround, the geopolitical issues in the Ukraine and the Middle East, and concerns that US economic growth was in jeopardy. But in the end, what matters most to the US Stock market is that our […]

First Quarter 2014 Market Review

Volatility and a higher level of anxiety returned to the markets during the first quarter. The primary catalysts were the “evil empire’s” invasion of Crimea and a severe slowdown in the economy induced by colder than normal temperatures. The inclement weather kept consumers away from the shopping malls and Russia’s political aggressions clearly detracted from […]

Fourth Quarter 2013 Market Review

A year ago today, investors were losing sleep over a number of issues that appeared to be legitimate concerns. Fortunately, almost none of these concerns materialized. There was no fiscal cliff, the U.S. did not default on its debt, Europe did not disintegrate, and while China’s growth slowed, there was clearly no hard landing. The […]

Third Quarter 2013 Market Review

After suffering through a plethora of negative events for more than three years, almost nothing appears to meaningfully raise the anxiety level of investors these days. We commented early in the year that a better housing market, permanent changes to our tax code, and fixes made to the European banking system should substantially lessen the […]

Second Quarter 2013 Market Review

Events like the IRS scandal, Egyptian political problems, Obamacare missteps, NSA phone taps, China’s credit crunch, the Benghazi disaster, and Japan’s economic instability were not significant enough to disrupt the stability of the U.S. stock market in the quarter just ended. On the other hand, most foreign stock markets were noticeably weak during the period, […]

First Quarter 2013 Market Review

The investment climate was remarkably good during the first quarter. With the exception of the financial melt-down of the tiny island, Cyprus, and some late in the period saber rattling by the North Koreans, investors benefited from a virtually crisis free environment. The housing industry continued to improve. Corporate profits were modestly higher and above […]

The Stock Market’s Pre-Halloween Horror Show

A Five Part Chill Ride From an attitude of complete complacency throughout 2013 and through the summer of this year, investors are suddenly beginning to take fright. But, what, exactly, are they afraid of? Here’s a short list of things that seem to be going bump in the night. October This is probably the least […]

The Importance of Avoiding Losses

Avoiding Stock Market Losses Yields Huge Returns One of the most important investment issues facing an equity (stock market) investor, if not THE most important, is the avoidance of investment losses. Oddly, this is rarely discussed by investment advisers despite the fact that, in our opinion, it is far more important than virtually any other […]