Our

Insights

2020 Second Quarter Market Update

This year, investors have been treated to a rare real-world lesson in the mathematics of investing—namely, the fact that after a market decline, it takes a greater market recovery to get back to even. The first quarter saw a frightening downturn that delivered 20% losses across the U.S. and developed foreign markets. Then we experienced a breathtaking 20% gain in the second quarter, the fourth-best quarterly rise since 1950. Work out the mathematics, and virtually all indices are still showing a loss for the year.

0 Comments

Record-Low Mortgage Rates

When people look back on the tumultuous 2020 economic landscape, they might pause a moment to study home mortgage rates.  Over the last three months, these rates have managed to…

0 Comments

Buyers of Last Resort

You may have read that the U.S. Federal Reserve Board, which has unlimited financial resources, is now buying ETFs.  It’s possible that the Fed’s $4.75 trillion in assets is larger…

0 Comments

Actively Managed Indices

Not everybody realizes that the indices that we refer to as “passive” are actively-managed.  Case in point: the S&P 500 index. Over the last three years, four dozen companies were…

0 Comments

What You can do to Prepare for a Recession

https://www.youtube.com/watch?v=Nmv0OF_CTmg&feature=youtu.beThe current economic environment can make you concerned about what you can do during these challenging times.  There are several things that we can all do to prepare for a…

0 Comments

Is This Time Different?

https://youtu.be/oOXeBTNoEus With a recession looming due to a mandated shutdown of our economy, there are many people worried about their health, job, and financial future.   The key to getting through…

0 Comments

The Pandemic: What we Know so Far

The COVID-19 virus has been reported in the national press as either a political or an economic story, but it is neither. It has been compared to the 1917-18 Spanish Flu that infected an estimated one-third of the human population and killed an estimated 50 million people, even though we are now in a very different medical world, even though the Spanish Flu occurred during a major, brutal world war.

0 Comments

Pandemics and Portfolios

The question everybody seems to be asking these days is: How will the coronavirus affect my investment portfolio?  Of course, the unsatisfying answer is: we honestly do not know.  You…

0 Comments

Market Outlook: 2020

Markets had an excellent year in 2019 due in large part to the change in the Federal Reserve’s (“The Fed”) stance on interest rates. The Fed had been increasing interest rates during 2017 and 2018. Then during 2019 reversed course cutting interest rates three times and expanded its balance sheet at the fastest pace since the 2008 Global Financial Crisis. This liquidity injection, along with the prospect of the Phase One Trade Deal with China, fueled last year’s stock market boom.

0 Comments
Close Menu