In college, my peers voted me “most likely to appear on CNBC”. Even back then I enjoyed talking about the markets and attempting to educate anyone who would listen about how the markets work (or don’t work). Some of my fondest memories occurred after class or
This week I was on an Investment Panel with three other portfolio managers and strategists. Two of the panel members were from large, well known firms. Several of the questions centered around ways to handle a recession or bear market. The ‘solutions’ proposed were to have “diversified
For most of the month, October was on pace to be the worst month since the Financial Crisis. The rally the last few days brought it up enough to take away that designation, but it was still the worst monthly performance for the S&P 500 since 2011. Corrections
2017 was the least volatile year on record. While 2018 is not going to break records for volatility, after being lulled into a sense of complacency the past several years, 2018 has reminded us why having a well thought-out plan is important for long-term financial success. The stock market has
This week it was announced the current Federal Government Budget Deficit hit its highest level in 6 years. The combination of tax cuts, slower than expected economic growth, and increased spending accelerated the budget deficit at a rate alarming enough to lead even Republicans to call for cuts in spending.
