Bremain or Brexit

Control What You Can Control

As anyone with internet access or a TV knows by now, the S&P 500 slumped 3.6% on Friday. This was the first 3% drop in 210 days AND it was the biggest drop since August 24, 2015. It was also the third slowest week in a row for the index since late 2015 / early 2016. As it turns out, a drop this big near an all-time high is pretty…

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special report featured

Special Report: Brexit

Well it’s a good thing I signed off my weekly blog about Brexit with this: What does it mean for U.S. investors? No one has any idea…and that’s a problem for short-term focused investors. It’s really not a “play-able” event, since you have to guess what is going to happen. After a few nice up days on the back of speculation that Britain would remain, they surprised everyone as polling…

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Brexit

Brexit Drama –What Does it Mean for You?

I generally think of Yorktown in the fall of 1781 every time I hear “Brexit” on the news, but that’s just my military background… For many others, it has stirred up some anxiety and consternation because this Thursday the 23rd, British voters will decide on whether Britain should remain or bolt from the 28-nation European Union (EU). It’s called “Brexit” – see what they did there with a “Britain” and…

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2016 Economic Review

I Remember 2015 Like It Was Yesterday

**Since today is a big move day in the market, I’ve got a quick thought at the end of this blog. 2015…a year of both expectedness and surprises. The economy trudged along, the unemployment rate fell, and the Federal Reserve finally lifted the Fed funds rate at the end of the year. Taking a closer look, we see what many people are calling “The Tale of Two Economies.” This is…

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brick in the wall

Another Brick In The Wall – Part ??

“So ya … thought ya … might like to … go to the show.”  From Frankie to Pink Floyd … I’m on a roll.  All my Gen-X’er, middle-part, back pocket comb touting, feathered back hair style loving peeps out there get this lyric right away.  If Greece was a protagonist in a story about current events, we’d be referring to her as Pink Floyd and this would just be another…

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Here is Greece

Greece Was Not Alone

Greece, China, and Puerto Rico all played a role in yesterday’s sell-off.  Yesterday was the biggest “down day” for the year, but in the grand scheme of things, it was not even close to catastrophic.  However, I wanted to address this with a quick blog. It is impossible to quantify the role of each player in the sell-off … but I believe much came from Greece. The bad news is…

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Greek Crisis

So There is This Greece Thing…

What a weekend. The Shanghai Composite has now sold off over twenty percent, officially placing it in a ”bear market”. Greece is set to default on International Monetary Fund (IMF) payment and the U.S. markets are set to sell off (update: as of 1:15 EDT, the S&P 500 is down about 1.4%). Greece’s failure to agree to proposed reforms for new rescue funds or a bailout extension means there is…

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Money Line

True Detective or Greek Drama

It’s Sunday night and the True Detective season two suspense is killing me … kind of like the Greek bailout deadline. U.S. stocks ended the week higher, with the S&P 500 gaining +0.8%… woohooo.  This was its highest weekly gain since April.  Oh, and the message from Wednesday’s Federal Open Market Committee (FOMC) announcement boosted markets as well. Contagion from Greece does not seem to be causing any sort of market…

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Greek Debt

This Greek Drama Has No Mask

Just like that friend who keeps saying they hate drama by over-dramatically complaining about it on their Facebook feed … the Greek drama continues.  While we all use Muses for different things, I will attempt to draw on all nine Muses of Zeus for inspiration in writing my blog, because what else is there to say about this subject? Jimmy McMillan in the picture kind of says it all, but…

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Nasdaq High

It Was a Heck of a Week for Equity Markets and Records

In case you didn’t see our announcement last week, Monument Wealth Management was once again recognized as one of the Best Places to Work in the Washington D.C. area for the third year in a row.  It was a heck of a week for equity markets and records.  After a crushing blow at the end of the previous week, U.S. stock indexes rallied last Monday with the often cited Dow…

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Tom Brady Inflation

The ECB, Deflation and Tom Brady

Following months of dialogue and bickering about the best way to fix Europe’s ailing economy, the European Central Bank (ECB) has embarked on a new course and has decided to follow in the footsteps of the Federal Reserve, the Bank of England, and the Bank of Japan. Beginning in March, the ECB will coordinate the monthly purchases of 60 billion euro (which is about 68 billion dollars) in bonds with…

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