Monthly Insights

"Ideas shape the course of history." -John Maynard Keynes


June 2019 Monthly Insight: Recessions Happen, but Likely Not Soon

Posted by on Friday, June 7th, 2019 in Market and Economic Updates, Monthly Insights, Personal Finance, Wealth Management | 0 comments

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 colonists, “A recession is coming! A recession is coming!” Well, that’s not quite the story, but given the seemingly non-ending talk about a recession, you might think that economists are channeling Paul Revere’s midnight ride.  Yes, a recession is eventually inevitable, but is...

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May 2019 Monthly Insight – Is Market Volatility Your Friend?

Posted by on Wednesday, May 1st, 2019 in Investing, Monthly Insights, Personal Finance, Wealth Management | 0 comments

“The only discipline that lasts is self-discipline.” Bum Phillips–American football coach at the high school, college, and professional levels Since 1994, DALBAR’s Quantitative Analysis of Investor Behavior (QAIB) has measured the effects of investors’ decisions to buy, sell, and switch into and out of mutual funds over short- and long-term time periods. The 25th Annual QAIB was recently released and the results show the average investor earns less, and sometimes much less, than the actual mutual fund performance they invested in. In...

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April 2019 Monthly Insight – Expect the Unexpected

Posted by on Monday, April 1st, 2019 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance | 0 comments

“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 headline in TheStreet.com summed it up well: “Dow Gains on Last Day of Worst December Since the Depression.”  Even a 7% bounce in the final week of the last year didn’t prevent a performance that was compared to the early 1930s.  When the S&P 500 Index...

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March 2019 Monthly Insight – The Fundamentals Eclipse the Negative Headlines (and a tribute to the late Jack Bogle)

Posted by on Saturday, March 9th, 2019 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance | 0 comments

“The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know of anybody who has done it successfully and consistently.”— John Bogle, founder of Vanguard and inventor of the index fund The steady diet of concerning headlines from around the world has been unsettling for most Americans, regardless of where they sit on the political spectrum.  We know equity markets loathe heightened uncertainty.  What is...

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February 2019 Monthly Insight – The Year Ahead

Posted by on Friday, February 1st, 2019 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance, Wealth Management | Comments Off on February 2019 Monthly Insight – The Year Ahead

“Come what may, all bad fortune is to be conquered by endurance.” –Virgil, Roman poet, born 70 B.C. We hope your 2019 is off to a rousing start. Whether you reached your personal goals in 2018, faced challenges, or are looking for a 2019 reboot, let’s take a moment to hit on the key themes for the rest of this year. What’s in store for 2019 While 2018 began with unbridled optimism, caution quickly entered the picture, and most major U.S. indexes had their first downturn since 2008.  In 2019, we have the mirror image. There is no...

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