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June Market Recap

Drachmas, Dragons and Bears The summer is usually a time to relax. School lets out, and you don’t have to deal with as much traffic. You might have already squeezed in a vacation or hosted a cookout or two, but the markets have not been so relaxed. Over the past three years both temperatures and […]

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Greece and the Market

greek-economy

Greece dominates the global headlines right now, and for good reason. While Greece is a small country, its huge debt balances have forced the International Monetary Fund (IMF), the European Commission, and the European Central Bank (ECB) – the three collectively known as “the troika” – to repeatedly save it from defaulting on its debt […]

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May Market Recap

volatility

There’s an antiquated stock market adage to “sell in May and go away”. The advice is really the back-end of an old two-step trading idea sometimes dubbed the “Halloween Indicator”. The idea is that the market performs best from November through April (inclusively), and that it’s a good idea to get out of stocks in […]

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April Market Recap

PCE

March Madness is in full swing with over 60 games having already been played.People all over the world fill out their brackets in hopes that they can predict the future, including the surprise upsets that turn an “also ran” bracket into a money winner. Those who filled out their brackets by working from the Championship […]

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February Market Recap

In January, U.S. stocks posted their biggest monthly losses in a year while bond prices traded higher and market volatility surged mostly due to concerns about the lack of global growth. February experienced almost the exact opposite with U.S. stock markets hitting new highs. The S&P 500 gained 5.49%, the Dow Jones Industrial Average (DJIA) […]

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Behavioral Finance – Part III

behavioral finance

From the Outside Looking In (part 3) “If I had a million dollars…” is a refrain often spoken and contemplated. From song lyrics to day dreams, we spend time fantasizing about what we would do with such a large sum of money. For many, accumulating a million dollars seems unattainable, but in reality, it can […]

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2014 Market Recap

Happy New Year! A new year offers us all the opportunity to look back and make some sense of the year behind us. In many ways, 2014 was a year dominated by headlines. Early in the year, a polar vortex swept across the U.S., and as a result, many expected slower economic growth. For the […]

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Mid-December Outlook

winners and losers

Since the beginning of December, U.S. stocks (S&P 500) are up more than 3%. The U.S. bond market is right at breakeven for the month and has shown only a fraction of the volatility. Foreign markets are down much more so far in December. Foreign developed markets are down more than 4.5%, and emerging market […]

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Behavioral Finance – Part II

behavioral finance

From the Outside Looking In (part 2) “The investor’s chief problem—and even his worst enemy—is likely to be himself.” Why is this so? This paper, part two of a series, uses the tenets of behavioral finance* to examine how and why our actions often impede good financial decision making. In part one, (Behavioral Finance Part […]

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October 2014 Market Recap

On October 31st, millions of children across the U.S. donned costumes and went door to door filling their baskets with candy. Thousands of costume parties were thrown for the adults that enjoy Halloween and many people parked themselves in front of a screen to watch scary movies. There is plenty of research on the psychology […]

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