We are constantly asked, “is now a good time to invest in stocks?” One of the data points our investment committee monitors is cash balances, as measured by money market balances. Currently there is $2.4 trillion in cash, a figure which needs some context, so let’s look at cash to total household debt: Since late […]
From January 1, 2010 to December 31, 2019, being out of the market dramatically impacted total return on your investments. We have no idea when the best days will occur, but missing the 20 best days in this ten year period cost an investor a whopping 50%. Yes, but what about the COVID crash of […]
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 […]