On Thursday, the S&P 500 dropped 9.5%, or 260.74 points, in its largest percentage decline since the Black Monday crash of October 19, 1987. As markets continue their roller coaster ride due to fears surrounding the coronavirus, our most recent bull market...
Panic 2020 – March 10th, 2020
Panic 2020 From Lee Sherbakoff, The Nalls Sherbakoff Group, LLC. Dear friends, Yesterday – March 9 – was the eleventh anniversary of the climax of global panic that marked the bottom of the Global Financial Crisis bear market of 2007-09. On March 9, 2009, the S&P...
March 2020 Monthly Insight – The Economy, Markets, Coronavirus, and Perspective.
"The only thing you sometimes have control over is your perspective. You don't have control over your situation. But you have a choice about how you view it." - Chris Pine, American actor As February began, investors were keeping a cautious eye on the coronavirus...
February 2020 Monthly Insight – Embracing Volatility
“Don't underestimate the value of doing nothing” —A. A. Milne, an English author, best known for his books about the teddy bear Winnie-the-Pooh We hope all is well with you so far in the New Year. You have likely heard us plead the case that we must embrace volatility...
November 2019 Monthly Insight – Volatility Can Be Spooky
“Stay in your seat come times of trouble. It’s only people who jump off the roller coaster who get hurt.” – Paul Harvey, American radio broadcaster for the ABC Radio Networks Over the last five years you have received our Monthly Insight letter. The purpose of...
October 2019 Monthly Insight – The Economy Amidst Political Drama
“Markets typically like gridlock in D.C.” --Joseph Song, U.S. economist at Bank of America Merrill Lynch Headlines On September 24, Speaker of the U.S. House of Representatives, Nancy Pelosi, officially called for an impeachment inquiry into President Trump. Although...
September 2019 Monthly Insight – Economic Trees
"Come to the woods, for here is rest. There is no repose like that of the green deep woods. Sleep in forgetfulness of all ill." -John Muir, advocate for the preservation of wilderness in the U.S. known as the “Father of the National Parks The Economy On July 31, the...
July 2019 Monthly Insight – Record Setting Markets, U.S.-China Trade, and more!
“It's tough to make predictions, especially about the future.” ― Yogi Berra, Major League Baseball player, manager, and Baseball Hall of Fame member We’ve all heard it said: “Records are made to be broken.” We celebrate record-breaking winning streaks from our...
June 2019 Monthly Insight: Recessions Happen, but Likely Not Soon
I’ve heard there’s going to be a recession. I’ve decided not to participate. --Walt Disney Defining a recession Henry Wadsworth Longfellow’s poem, “The Midnight Ride of Paul Revere,” retells the story of a patriot who shouts a harrowing warning to his fellow...
April 2019 Monthly Insight – Expect the Unexpected
"It belongs to the imperfection of everything human that man can only attain his desire by passing through its opposite." --Soren Kierkegaard, Danish philosopher, theologian, and poet Bright start to the new year First, let’s take a look back at December. A...