Is the stock market up 7% or 37% this year? Well, it depends. According to one major index, the market is up a respectable 7%. That’s not bad following last year’s dismal performance, but contrast that with another well-known index, and we might conclude that the stock market is up nearly 20%. Sounds great, right? […]
Markets – August 2023 Read More »
The Markets We live in interesting times. There is discussion about whether the saying, “May you live in interesting times,” is a blessing or a curse. At this point in 2020, we all understand why. Last week, the world watched in consternation as the price of oil, specifically West Texas Intermediate crude oil, dropped into
Market Commentary April 27, 2020 Read More »
The Markets In the Wizard of Oz, Dorothy says to her little dog, “Toto, I’ve a feeling we’re not in Kansas anymore.” Today, many of us understand Dorothy’s trepidation and uncertainty better than ever before. COVID-19 has changed our world in ways previously unimaginable. In many states, Americans shelter at home, venturing out for groceries,
Market Commentary – April 6, 2020 Read More »
Many stock markets around the world moved higher last week. Investors’ optimism in the face of economic headwinds has confounded some in the financial services industry. Laurence Fletcher and Jennifer Ablan of Financial Times cited several money managers who believe investors have become complacent. One theory is investors’ buy-the-dip mentality has become so firmly ingrained
Market Commentary – February 18, 2020 Read More »
The Markets Last week, major U.S. indices posted strong gains. That’s welcome news, but the drivers behind share price appreciation appear to have little to do with company fundamentals. Fourth quarter earnings season is underway. During earnings season, companies let investors know how profitable they were during the previous quarter. With 45 percent of companies
Weekly Market Commentary – February 10, 2020 Read More »
We have our first surprise of the year: The Coronavirus. Just recently, I wrote in my annual forecast that we will be surprised by something this year. This is likely the first of several unexpected, unpredicted events we will experience in 2020. It’s a good time to take a step back and identify what we
The Coronavirus: A Healthy Perspective Read More »
Join Kevin Theissen for a discussion on where we’ve been, where we are and where we may be going for 2020.
Forecast 2020 Presentation Read More »
The new trade deals are here … The United States and China signed a preliminary trade deal last week. The next day, the United States-Mexico-Canada Agreement was approved by the Senate. The phase-one deal between the United States and China has been analyzed, applauded, disparaged, and questioned. Here is a sampling of what’s being said:
Market Commentary – January 21, 2020 Read More »
The Setting Every Community Up for Retirement Enhancement (SECURE) Act is now law. With it, comes some of the biggest changes to retirement savings law in recent years. While the new rules don’t appear to amount to a massive upheaval, the SECURE Act will require a change in strategy for many Americans. For others, it
The New SECURE Act Read More »