Market Updates

Attribution

During a recent non-profit organization’s board meeting, a board on which I serve, the investment advisor made a presentation regarding the organization’s portfolio. He discussed its asset allocation versus the investment policy, the investments made in individual stocks and bonds, then the fun[...]

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It is Still About Jobs

Last week’s economic news provided some insight into why many investors are beginning to hold out greater hope for a better 2013. Mysteriously, the Sequester and now the debt ceiling debate seem to provide little concern for most investors as the domestic stock market continues its march higher ([...]

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Making Bonds Less Complicated

Over the last 30 years, the bond market has become much more complicated as there has been a proliferation of vehicles to invest in. To access the bond market, you can buy mutual funds, exchange-traded funds and notes or individual bonds themselves. There has also been an increase in the different t[...]

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The Ides of March, Again?

The sequestration cuts took effect on Friday as President Obama signed them into action. The market is entering another period, much like March in 2011 and 2012, where global macro-economic issues and policy headwinds will take control of market movement. With less than 5% of the S&P 500 compa[...]

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Growth vs. Austerity

Europe was in the news again late last week as Moody’s downgraded the U.K.’s sovereign debt to Aa1 from Aaa. Italian elections are taking place now and there is concern the current party leadership will take a beating. Later this week we have our own sequestration deadline on March 1st. It se[...]

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Is there Really a Great Rotation?

There has been a lot of discussion recently about the “rotation into stocks.” Enough that it warrants a comment or two. The premise has been that because investors have been afraid of the stock market due to the 2008, early 2009 downturn, they are avoiding it. The assumption is that they will re[...]

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What a Week I’m Having

For those of you who are either too young or not into pop culture, that was a famous line from the movie Splash!  A Darryl Hannah and Tom Hanks classic about a mermaid, from 1984.  I thought it summed up the week we just had pretty well.  It was packed with economic data, a rallying stock market,[...]

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Tale of Two Markets

The stock market has put up impressive numbers since the beginning of the 2013 and it is only the 27th of January. While the “January Effect” is a well-known phenomenon, there is something very instructive about this year’s rally and the stock rotation that has been taking place since October [...]

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Monday Morning Market Update

Small business owners have been in the news a lot during the last month as Congress and the Administration addressed the fiscal cliff. Many lawmakers noted that an increase in taxes on those with incomes of $250,000 would be a reduction in job growth because people with those incomes are small busin[...]

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Monday Morning Market Update

Have you ever watched a group of five and six year olds play basketball for the first time? I had the pleasure on Saturday, when my son and his friends had their first real game after three practices. Six periods of six minutes each in which no one remembered the fundamentals. They were so excited a[...]

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