Format: Blogs

Economic & Market Review

Economic growth, as measured by real gross domestic product (GDP) in the U.S. was up 2.5% during the first quarter despite some weaker news about the month of March. This was much better than the 0.4% growth rate for the fourth quarter of last year but below the consensus estimate of 3%. Growth was [...]

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Advance Health Care Directives

I recently learned that April is Parkinson’s Awareness Month. As many of us know, Parkinson’s disease (PD) is a progressive disorder of the nervous system that affects one’s movement. According to the Parkinson’s Disease Foundation, an estimated seven to 10 million people worldwide live with[...]

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Where Does Confidence Come From?

Confidence is defined as “belief in your own abilities; belief in your ability to succeed; faith in somebody to do right.” (Bing dictionary) If we are talking about consumer confidence then we are discussing the individual consumer’s confidence in their own ability to successfully navigate ou[...]

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The Canary in the Coal Mine?

There seems to be a tale of two markets for businesses. Large companies that have the ability to allocate capital on a global basis, move operations to the cheapest source of labor and take advantage of faster growing emerging markets are recording record profits. Small businesses however don’t [...]

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Monday Morning Market Update

Last week’s economic data was mostly positive. Yet the stock market showed some signs of a tiring rally. Over longer periods of time there is a strong correlation between economic growth and stock market prices. However, on any given day, these two forces may not necessarily move together. Stoc[...]

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Consumers Acting with Confidence

We know that the consumer continues to be the most important driver of economic activity in the U.S. Many of the economic reports over the last quarter have indicated that we consumers have remained steadfast in our desire to acquire goods and services even in the face of higher taxes and gas price[...]

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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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