Below you'll find a list of all posts that have been categorized as “Weekly Market Commentary”
It’s really important that investors understand what has happened over the past two months. Ask yourself, do you even remember what caused the Christmas Eve sell off? If you do, do you still possess fear over that issue? Furthermore, what were your emotional reactions? I suspect there was a lot of fear and anxiety – and that’s understandable. No one …
The other day, a colleague asked me about my thoughts for a blog he was writing on whether investors were hiring and/or firing advisors, especially during periods like the last three months. The conversation went something like this: Colleague: “Do you think the current environment causes a lot of investors to switch advisors? Me: “Yes, and vice versa. I’ll bet …
2019 is here and by now everyone has probably overdosed on news about how 2018 closed out. I’m a little late posting this since I took the week off between Christmas and New Year’s to read and relax. My efforts, as Marine fighter pilot Lt. Col. Wilbur “Bull” Meechum from The Great Santini would have put it, were “grossly insufficient.” …
In the mid-2000s, after working for large Wall Street firms for years, it became abundantly clear to us that the financial services industry was drowning in a sea of sameness. Real financial planning either didn’t exist or was nothing more than a mechanism to generate an asset allocation and sell products. Creativity was nonexistent, culture was focused on shareholder profits …
You know we are in an economic expansion, right? Yes, despite the recent drawdown in equity prices, we are in an economic expansion…and remember, a slowdown is not the same as a recession. How much further can the U.S. expansion go? Frankly, no one knows. It could extend beyond the consensus of 2020. Here are three reasons why the U.S. …
I was inspired to write based on a social media post from yesterday by my old friend and stalwart colleague, Rob Bartenstein, the CEO of Kestra Wealth Management. “The news media may or may not be the enemy of the people. But it ain’t your friend. Your friend wouldn’t blare negative sh!t [my edit] at you all day punctuated with …
I don’t normally write blogs about articles that other folks write, but in this case I must. In Wednesday’s edition of The Wall Street Journal, the venerable Jason Zweig published an article called, “Why Charities Do Good—but Not Well—With Your Money.” I’m a WSJ subscriber so I don’t know if this is behind a paywall, but I’ll highlight some of the …
Back on October 12, 2018, I wrote a blog post titled, “Trump’s Fed Attack – Why.” This was right after Fed Chairman Powell told PBS NewsHour anchor Judy Woodruff that the Fed Funds rate was “a long way from neutral.” You may better remember the response from the President when he said, “The Fed is going loco and there’s no …
