Below you'll find a list of all posts that have been categorized as “Weekly Market Commentary”
A lot of people ask how our MONCON Recession Plan works. I’m going to refrain from discussing the exact data it looks at, but in general, it’s data that are representing the economic cycle. Economic cycles have a fairly predictable chain that can provide signs of accelerations or decelerations – but problems start when we look at actions that have …
Important Disclosure Information Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Monument Wealth Management), or any non-investment related content, …
For those of you whom I have not had the pleasure of meeting yet: welcome to my first post! I recently joined Monument as a portfolio manager, having previously been a research analyst here in the D.C. area and before that an advisor to high-net-worth families in Oklahoma. I was drawn to Monument from the moment I read the job …
Before I dive into the details of Monument’s makeover, I’ll start by tagging on two REALLY EXCITING updates—we have two new Team members, and quite a few recent awards! Monument’s New Team Members Over the summer, we hired Erin Hay, CFA, our new Private Wealth Advisor and Portfolio Manager, as well as Brittany Gabel, a local multimedia artist and designer …
I’ve been working in wealth management for over two decades now. It’s changed a lot, mostly for the better, but the one thing that has remained consistent is investor behavior. One of the most often repeated statements I hear from investors is something along the lines of, “I want to have returns that outperform the S&P 500 without the same …
Here are Dave’s words of wisdom on how to deal with the current volatility… Important Disclosure Information Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or …
I received a lot of great feedback and encouragement on yesterday’s video, and wanted to further dive into two questions that have come up: What did I mean by “distortion”? Why does a yield curve actually cause a recession? Interesting to note that the current inversion process is very different from the past. In the past we have had inflation …
Putting things into perspective…There are trillions of dollars of debt that are exposed to negative interest rates. (For example, this means, when you give the bank $100 bucks, they give you $96 back.) That sucks! The U.S. has the safest and best paying bonds in the world. So people are taking their money out of negative interest rate environments …
Sometimes we forget about the power of time. Big historical moments are memories in our lives, but we tend to live in the present…or in the past few weeks. We are bombarded by quarterly earnings, GDP, employment reports, market pull backs, and the never-ending news cycle. The list of things grabbing our attention is long. In fact, it’s infinite. It …
I recently published two quick videos on some thoughts I had about the economy. We put them out on social media but are still working on the best way to get them out through the blog. Here they are: Three Quick Thoughts on the Market | July 12th Are You Still Moving Forward? | July 16th I’m working on better …
I want to write something, but I keep staring at my screen. It happens. It happens a lot more since I’ve stopped writing a “Weekly Market Summary.” I’ve graduated from that. It was great when I started writing because I had a topic ready for every weekend. But when looking back it’s all blah blah blah. No one cared. I …
The Fed’s 9-1 decision the other day to leave the policy rate unchanged was not a shock or surprise to anyone. But, the Fed did telegraph a polarity shift to the markets and equities gained slightly on future rate cut optimism (the S&P 500 was up about 0.3%) while the 10-year yield declined to around 2.03%. I’m guessing there is a 95% certainty the …
