common sense

Why Earnings, Charts and Oil are Important to You Right Now.

Earnings season hasn’t ended yet, but it’s really slowing down since over 2,000 companies have reported their earnings for the quarter… we’re in the home stretch. Wal-Mart (WMT) is the unofficial “closer” of the reporting period and they will announce on August 18th. So far, most investors seem satisfied by both the earnings and the market’s response. The S&P 500 has increased by over 2% since the season began (Alcoa…

Read more

Bull Market Bear Market

A Tug-of-War Between The Bulls and The Bears

I’m seeing, reading and hearing a lot of back and forth between people on where this market is heading and frankly, there are a lot of data that are supportive of both camps. People who are beating the bull drum have been highlighting the restrained investor sentiment, fair valuations, the improvement in the U.S. Dollar that is supportive of better earnings in the future and the still growing, yet tepid,…

Read more

Obama GDP

A Review of First Quarter GDP

This week, I review the markets, the recent GDP report and earnings.  All with my general dose of jokes and sarcasm intertwined with facts and general advice.  Just like the doctor ordered. We are currently working on our quarterly video – be on the look-out for that.  In case you are curious, you can re-watch the January video here. Also, be sure to see the press release on Brittany and…

Read more

Cat Economy

Why the Market is up 5 Weeks in a Row

I always find it very interesting to observe the difference in behavior as markets move up and down – especially in the press. I get it, markets tend to go down much more quickly than they go up. It’s much easier for people to get on TV and try to look smart by saying things like, “the reason the market is down over 10% in the past few weeks is…

Read more

house of cards

Recession Fears Seem to be Subsiding

I’ll admit it. I got nothing done this weekend since Season 4 of House of Cards was dumped onto Netflix. It broke the internet and my productivity like a dump truck full of Kim Kardashian derrière posts. So this may be a little short. However, if this blog does not give you enough of a Monument fix, please be sure to see the great story written by Sara Gilgore at…

Read more


There is Definitely a Recession Coming

I just don’t know when. I’m of the opinion that we simply don’t see enough facts suggesting we are on the cusp of a recession. There are a lot of people out in the press calling for one and I think it’s an attempt to gain headlines with outlandish statements…even if they are not running for President. Rest assured that the press will remind you that there is always a…

Read more

Monument Wealth Management logo

Top 6 “Off the Wall” Posts of 2015

We’d like to share with you our Top 6 “Off the Wall” Posts of 2015! A lot of people ask us what our most popular blog posts are.  Because of this, we’ve come up with a list of our posts that have received the highest amount of traffic throughout the year.  This is a great way to catch up on any posts you may have missed, or just recap some of the year’s most…

Read more

reverse psychology

What a Bear Market Means to You

I think this is a pull back and not a recession. But I could be wrong – and here’s why… I DON’T KNOW. And here’s more bad news… YOU DON’T EITHER. And to make matters even worse… NEITHER DOES ANYONE ELSE! And for all those people out there about to unleash their “I told you so…” and their “I saw this whole thing coming,” you need to do a few…

Read more

Bear Market

Does a Bear Whit in the Soods?

Does a Bear Whit in the Soods? You see what I did there, right? Last week was horrible, I get it. The S&P 500 is down about 6% year-to-date (YTD) in the first week of the year. Furthermore, with the Dow down about 11% from its high last year and the S&P 500 down just a hair under 10% (-9.8%), we are basically in “correction territory”, which is generally defined…

Read more

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…

Read more

The Market

Oil, Oil, Everywhere

Global equity markets ended the week with big losses. The S&P 500, German DAX, and Japan TOPIX were -3.7%, -3.8%, and -1.5%, respectively.   Commodity prices hit a 16-year low, which weighed on stocks. I discuss oil in greater detail below, however, markets are now anticipating the Federal Reserve’s interest rate policy decision on December 16th.  An interest rate increase is a very high probability (this is a consensus thought in…

Read more

Paris France

Paris and More

First and foremost, what happened last weekend was horrible and our hearts go out to everyone impacted by this terrorist attack. I hope that the world sees peace at some time in my remaining life.  People are putting themselves in harm’s way every day trying to keep us all safe.  We remember them too. It’s a sad world we live in. Now to the Markets Ugh – last week was…

Read more


October: A Scary Month for Investors?

Historically, October is when all the bad stuff happens: the Crash of 1929, Black Friday of 1987, and who can forget the 2008 implosion? Certainly not Dean and I who had JUST started Monument in May of 2008!  I’m not aware of many other things that will test the resolve of two humans like starting a new wealth management firm in the middle of the largest financial crisis this country…

Read more


Okay, I Get It… I’m Late Posting a Blog.

I got a good ribbing from a great client this week about the quality of my blogs… He basically said, “I can tell how detailed your blog will be by how quickly the disclaimers come rolling up.”  Well, this may be one of those weeks that the disclaimers come rolling up quick, BUT, I think I have a few thoughts worth sharing.  Especially for all you folks in the “Chicken…

Read more

50 Shades

Pain Before Gain – And I’m Not Talking About The 50 Shades Of Grey Release.

First… WOOOHOOOO! The U.S. equity markets finished higher for a second straight week. Also, the S&P 500 gained +2.1% which propelled it to a new record high. In fact, three sectors of the S&P 500 hit all-time highs: Tech, Consumer Discretionary and Materials. So basically in the face of some disappointing retail sales numbers, investors (okay, really… I mean traders, because investors have a long-term plan and portfolio) chose to…

Read more