History suggests stocks may enjoy a post-Midterm election bounce Mickey Kim / August 12, 2022 Seasonal tendencies of stock prices make for interesting conversation. Pundits offer the brilliant advice of “Sell in May and Go Away,” which means liquidate your portfolio to avoid a summer/fall swoon. Heeding this, [...]
A Look at the Market After a Volatile First Half of the Year - Podcast Associate Director of Client Service Zach Greiner is joined by Chief Investment Officer Mark Foster, CFA to examine the economic environment after the 5th worst first half of the year in the history of the stock market [...]
Dear Clients: As the media has reported ad nauseam, the first half of 2022 was the worst start to a year for the U.S. stock market in over 50 years. Additionally, it was the worst start for the bond market ever. We are currently in a bear market (usually defined as declines greater [...]
Bursting of speculative bubbles leaves path of financial destruction Mickey Kim / June 17, 2022 Warren Buffett famously said, “Only when the tide goes out do you discover who’s been swimming naked.” To slow rampant, persistent inflation, the Federal Reserve (“Fed”) has slammed on the monetary brakes by [...]
Rising Rates 101: How it happened and why it matters Mickey Kim / May 13, 2022 Interest rates have surged at the fastest pace since 2009, as inflation has reached levels not seen in forty years, leading to severe indigestion for the stock and bond markets. Low interest [...]
How war, high inflation and the Fed have impacted financial markets, plus options for investing idle cash - Podcast After a quarter where the S&P 500 saw +10% swings in both directions, Associate Director of Client Service Zach Greiner is joined by Chief Investment Officer Mark Foster, CFA to examine what factors [...]
Dear Clients: We explained in our Q4-2021 Client Letter (January 12, 2022) why we believed 2021 was a high-return, low-volatility “unicorn.” Our counsel was to expect more modest returns in 2022. Additionally, with the Federal Reserve (“Fed”) poised to begin removing emergency stimulus measures implemented at the start of the pandemic-induced economic [...]
Brace yourself, energy insecurity and $4 gas could be here to stay Mickey Kim / April 8, 2022 What a difference two years makes! The Covid-induced economic shutdown crushed U.S. demand for oil, plummeting from 21 million barrels per day (MBPD) to 14 MBPD (down 33%). Pouring proverbial [...]
Buffett: “Never bet against America,” even during times of war, pandemic Mickey Kim / March 18, 2022 In late February, geopolitical tensions were at the boiling point as Russian president Vladimir Putin dispatched his army to the Ukrainian border for “military exercises” and put his fighter jets along [...]
Our Advice as Ukraine Crisis Becomes Reality As alluded to in our Q4-2021 Client Letter, after a calm and steady rise in 2021, stock market volatility has returned with a vengeance in 2022. Indeed, just when the coronavirus Omicron variant was rapidly fading into the rearview mirror and life was returning to normal, [...]
