Trade and The Tariff Man

Trade and The Tariff Man

David B. Armstrong, CFA Weekly Market Commentary

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 …

Dumb Money

Dumb Money Ain’t So Dumb

David B. Armstrong, CFA Weekly Market Commentary

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 …

A Quick Fed Update

A Quick Fed Update

David B. Armstrong, CFA Weekly Market Commentary

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 …

Black Friday Investment Deals

Black Friday Investment Deals

David B. Armstrong, CFA Weekly Market Commentary

Black Friday is known for great deals.  Down 10%, the best deal out there right now may be equities. People might be too scared to buy while they try to figure out why the market has gone down.  Meanwhile, for every share sold, someone is buying…even on huge down days.  So, there are some bargain shoppers out there hitting the …

The Unknown Nature of Investing

The Unknown Nature of Investing

David B. Armstrong, CFA Weekly Market Commentary

Annie Duke’s Thinking in Bets – Making Smarter Decisions When You Don’t Have All the Facts may as well be titled “Dave, Read Me Now!” Not even 20 pages in, she starts comparing Chess and Poker. Duke states that “The quality of our lives is the sum of decision quality PLUS luck.”  Emphasis mine. Chess is not a game of …

October Market Correction

Octo-BURRRR

David B. Armstrong, CFA Weekly Market Commentary

So, October…WTF? Election uncertainty, trade wars and rising interest rates made for a recipe of investor concerns and panic in October. After falling for 21 out of 27 sessions, the S&P dropped 9.9% or about 290 points to a low on October 29th. The Dow Jones Industrial Average (Dow) fell 2,385 points or 8.9% from its high. Losses in the …

CARE_Awards_Wealth Management

Monument Wealth Honored as Community Leader Through CARE Awards

Brittany R. Dewberry Featured Articles

For the third consecutive year, Northern Virginia Family Service (NVFS) selects Monument Wealth Management as a community leader with family-friendly policies and outstanding employee engagement to receive its Companies As Responsive Employers (CARE) Awards. For more than 25 years, the CARE Awards have recognized outstanding companies making Northern Virginia a better place for everyone to work, live and play. Community …