A year ago this week, the stock market formed a significant bottom. Stock prices dropped nearly 35% in less than five weeks due to the economic impact and fears of the coronavirus. We would consider it a crash. Crashes often occur from an unpredictable, exogenous event, that is fueled by extreme economic uncertainty, and culminates […]
There’s a phrase on Wall Street that the stock market climbs a “wall of worry”. We’ve referenced it in past notes when describing the sentiment among market participants. The nervousness you may have about investing right now, as stocks notch all-time highs, is shared by many investors. That, quite simply, is what creates the wall […]
What is the best way to sum up 2020? Strange? Anxiety-ridden? Tumultuous? How about “extreme”? In every facet of life — dealing with a deadly pandemic, our home lives where both work and school have been confined to our houses, our political environment – the volume has been turned up to eleven. There has been […]
The trading hysteria in shares of video game retailer, Gamestop (GME), is the result of a number of intersecting, overlapping trends. Is it the story of a powerful hedge fund being taken down by an army of retail traders? Partly. Market manipulation? Probably. Without question the dramatic price swings of the stock is incredibly unpredictable […]
We are hearing from a lot of clients as to our opinion on the market reaction regarding this historic election. I’ll attempt to frame it with the information we currently have, but as we all know, this is an extremely fluid situation.
Rule number one of investing: the stock market goes up over time. This is an indisputable fact. And any basic finance class teaches the critical concept of the time value of money. Simply put, the longer your time frame, the greater the potential value of an investment. This can be applied to most asset classes.