Market Updates

Lessons of a Broken Hand

On a recent ski trip, I admonished my son for taking risks without knowing the terrain. Of course after two days of success, what was there to worry about? Coming out of the woods and off of a jump that looked too high to manage, he took a spill and wound up with a broken hand. Sometimes long period[...]

MORE

Too Early to Tell

Investors and pundits are enthusiastic about the acceleration of economic growth and the potential benefits of tax reform. The stock market has continued the rally from 2017, and despite the fact that we finally saw some volatility this week, returns look more like a months' long rally rather t[...]

MORE

Clipping Coupons

When I was in college, I had an internship with a large national bank in their corporate trust department. This area was responsible for processing bond issues. In short, when a corporation wanted to raise capital by issuing debt, someone had to keep track of who owned that debt and should get paid [...]

MORE

Happiest Of New Years

As we begin 2018, market sentiment for stocks is reaching all-time highs while bonds are reaching record lows. This may seem like a continuation of last year's enthusiasm for stocks and pessimism for bonds; however, a year-over-year comparison offers some insight into how markets may trade this year[...]

MORE

Who Are They?

Republicans in Congress, and the president, have been describing the benefits of the tax bill in terms of an “average family of four” and then quoting the benefit that family will receive in reduced taxes in 2018. While it may be necessary in our short attention span, 24/7 news cycle to come up [...]

MORE

Taking Risk Management To A Higher Level

by Jason Herried, CFA Senior Vice President, Portfolio Manager One of the most important decisions in portfolio risk management is asset allocation, specifically the percentage of the portfolio allocated to equities since their prices are more volatile. Over the past year, we have endeavored to [...]

MORE

How Much For That Motorcylce?

One of my passions is motorcycling. I share this passion with my son, to my wife's dismay. As he approaches his birthday, next month, he has become interested in getting a motorcycle of his own. We have been online regularly reviewing bikes and their features and prices. I found an electric motorcyc[...]

MORE

Black Gold

Geo-politics and oil prices go hand in hand. Last week's announcement by the Saudi Arabian king and crown prince that they were tackling corruption among royal family members led to a rally in oil prices. Still, oil prices have been moving higher for some time, likely meaning that other factors are [...]

MORE

Jobs, Jobs, Jobs

Economic and job growth go hand in hand. When the economy improves, more jobs are available. As the labor market tightens, reflected in a declining unemployment rate, we should see an acceleration in wage growth. However, one of many conundrums the current economic environment has posed is why, with[...]

MORE

Wow — $666 Billion

When discussing budgets, how often does a conversation at work or home focus only on revenues? Any discussion about financial planning, whether personal or professional, usually incorporates the opportunity to raise revenue and cut expenses in order to meet a plan or improve on last year's results. [...]

MORE