The start of the fourth quarter has been rough for financial markets, a follow-through from when stocks hit a 12-month high in July. The factors contributing to the sell-off: All is not dire, however. Financial markets look ahead and so do we . . . below is our stance on the issues outlined above:
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How challenging was 2022 for investors in the US? Stocks and bonds have not produced negative returns of this magnitude, in the same calendar year, for more than fifty years. The closest parallel to the previous twelve months is the late 1960s/early 1970s, because the volatility is almost entirely due to inflation. That was a […]
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You’ve heard we’re in a bear market. We don’t particularly care for that term because it only helps stoke investors’ fears. Too much ink is wasted on deciding when a bottom occurs during “bear” markets. It is a fool’s errand. The current investment climate is concerning. The weakness we’re seeing in stock and bond prices […]
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In our last quarterly commentary, “A Nervous Bull”, we discussed how a little bit of investor worry actually fuels abull market. The volatility of the past week has not changed our opinion. In fact, we believe the type of pullback weare seeing in stocks is a welcome event and should propel the market higher, potentially […]
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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 […]
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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 […]
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