Dear Clients: The good news is, as of September 30, 2020, client equity portfolios had their strongest two-quarter performance since the third and fourth quarters of 2010. The bad news is “Value” continued to lag “Growth” significantly in the third quarter of 2020, an all too familiar refrain. However, we’ve completed implementation [...]
COVID-era “K-Train” heads in different directions for haves, have-nots Mickey Kim / September 25, 2020 Who can ever forget the Muppets’ “Alphabet Song” on Sesame Street? “B” is for Bert. “C” is for Cookie Monster. Certainly not Wall Street pundits, who debated which letter would best describe the path [...]
Don't Let Partisan Storm Crash Your Portfolio Mickey Kim / July 31, 2020 I never make predictions, particularly in writing, but it’s a sure bet the vitriol and partisan political assault we’re going to be subjected to over the next 100 days will make 2016 seem like an ice [...]
Weathering the Storm - Podcast Chief Investment Officer Mark Foster, CFA and Associate Director of Client Service Zach Greiner discuss the impact of the COVID-19 pandemic on the financial markets and economy, how Kirr, Marbach put its portfolio holdings under the microscope to determine if they could weather the storm and the opportunity [...]
The First Half of 2020 Was a “Spock” Market Dear Clients: We are pleased to report client equity portfolios experienced excellent performance in the quarter ending June 30, 2020, both on an absolute and relative basis. The S&P 500 had its best quarter since the fourth quarter of 1998, more [...]
To understand stocks’ wild price swings, think of it as a “Spock” Market Mickey Kim / July 3, 2020 Stock market volatility was epic during the first half of 2020, six months that shook the world. U.S. stocks hit a new all-time high “way back” on February 19, [...]
Investors, future is unpredictable and ‘tail-end consequences’ can devastate Mickey Kim / June 5, 2020 We humans hate uncertainty. In dangerous times, we crave assurance if we do X and Y, then Z will occur and all will be good again. To feed the media beast, there is [...]
HIGHLIGHT: 529 PLANS May 29, 2020 A college education is one of the largest and most important investments you’ll ever make. Unfortunately, the cost of this investment has risen rapidly, illustrating the downside of the “Miracle of Compound Interest.” The average annual cost of college in the US for the 2019-2020 [...]
Dreams of ‘Beverly Hills’ crushed as oil crashes below zero Mickey Kim / May 1, 2020 Come and listen to my story about a man named Jed A poor mountaineer, barely kept his family fed, And then one day he was shootin’ at some food, And up through [...]
HIGHLIGHT: CARES ACT April 21, 2020 The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27, 2020. Here are 7 things you should know about this historic relief package: Help for small businesses:The relief package sets aside $377 billion for loans and grants [...]
