Weekly Market Recap – November 15, 2013

It was a relatively quiet week on the U.S. data front, with the only notable releases being September international trade and the wholesale inventory report. International trade surprised to the downside – with the trade deficit widening to $41.8 billion – while inventories posted a sizeable monthly gain of 0.4%. Weaker third quarter economic growth [...]

November 15th, 2013|

Market Commentary: Crisis Averted

The US Markets had a slight pullback in the final week of the month, but finished October overall with solid gains. The highlights of the month were once again centered on politics and the Federal Reserve. The global economy collectively breathed another sigh of relief on October 16th. With less than 24 hours before the [...]

November 12th, 2013|

October Market Commentary

The 3rd quarter ended with the global markets – both equities and fixed income – experiencing gains. The news has been dominated lately by the government shutdown and debt ceiling headlines. Even though the political jabs, finger pointing and the like make for good theater, the chart below, at least, tells us what will happen [...]

October 16th, 2013|

Parsing the Fed Talk

The September Market Commentary was delayed by a week so that we could provide you with our comments about the important events that took place last week; specifically, Larry Summers removed himself from contention to be the next Federal Reserve Chairman at the beginning of the week, and the Federal Reserve released notes last Wednesday [...]

September 25th, 2013|

What’s driving the S&P 500?

U.S. stocks resumed their positive streak in July (after a slightly negative June). Large-cap stocks rose in three out of the four weeks and were up 5% for the month. Smaller companies generally outperformed their larger-cap counterparts. After Federal Reserve comments regarding the timing of its stimulus withdrawal upset markets in May and June (particularly [...]

August 14th, 2013|

To Taper or Not to Taper – July Market Commentary

There was no place to hide in June regardless of whether you were invested in equities, fixed income, or commodities.  While we were getting close to correction territory (10% loss or greater) in equities after Ben Bernanke hinted at ‘tapering’ the FED bond purchases as soon as September, the markets quickly rebounded after several FED [...]

July 18th, 2013|

Who Needs Disability Insurance?

When meeting with prospective clients about putting together a comprehensive financial plan, one of the biggest items missing is disability insurance. Did you know that 1 in 3 people between the ages of 35-65 will face a disability and be unable to work for 90 days or longer? And the average length of a disability [...]

July 18th, 2013|

Market Commentary: Fed Stimulus Coming to an End?

With the rising stock market, we are seeing rising interest rates as the 10-year US Treasury note has moved from 1.64% in the beginning of May, to 2.15% at the end of May. It is important to keep the inverse relationship between the value of bonds and interest rates in mind. This means that as [...]

June 12th, 2013|

May Market Commentary: Why We Remain Cautious

The markets continued their climb higher last month, with the exception of the Russell 2000 which consists of small-cap companies. However, economic data points continue to show weakness. Below is a chart showing the economic data that was released the last week of April, as well as a column indicating whether the data was positive [...]

May 16th, 2013|

Market Correction and Childbirth… You’re in Good Hands

Now that my wife is almost nine months pregnant (due May 23rd) with our third daughter, we’ve been reminiscing about the last time we were at the hospital for the birth of our second daughter, Alexis.  Some of you may remember that day, too, because you were likely watching one of the cable news stations [...]

April 17th, 2013|