Strong momentum that began in April carried through May, with major stock indexes continuing to climb to new highs. Despite concerns that might normally cool enthusiasm, what fueled the advance? Well, there were two competing themes that dominated market action during May. First, Treasury bond yields trended higher last month in response to concerns about […]
May’s Market Momentum Read More »
A quick review of the table of returns shows that the new year started favorably. As we saw last year, global markets continue to outperform, but there has been a shift in leadership in U.S. stocks. Notably, the tech-heavy Nasdaq Composite is lagging, while smaller company stocks, as measured by the more speculative Russell 2000
January’s solid start Read More »
When I was young—much younger—we lived next door to a family whose breadwinner was a physician, and the mother stayed home with the kids. I recall Mom telling us that when her husband was in medical school, she would shop for groceries with a price counter. When she put an item in the shopping cart,
Financial Fitness Starts Now: Simple Steps Toward Long-Term Stability Read More »
ChartTalk: It’s Econ 101. When you buy one thing, you’re giving up the opportunity to buy something else. Here we look at the opportunity cost of buying a daily cup of coffee—instead of investing that pocket change into high-flying stocks. How much would a daily latte take out of your wallet? What else are you giving
The Opportunity Cost of a Daily Starbucks Latte Read More »