Category: The Market

Third Quarter 2022 Review and Outlook

David Martin

The third quarter of this year started out so promising. After the worst first half since 1970, the S&P 500 rallied 17.4% from its June 16 low to its August 16 high. But stronger-than-expected inflation reports, and a hawkish Fed proved to be too much for the market, and the…

Categories: News, The Market

Elon, Twitter, and the Importance of Due Diligence

Thad Schlaud

Elon Musk – the world’s richest person – recently announced that he was pulling out of his agreement to buy Twitter (good luck!), saying that there was a lack of information about the number of Twitter users made up by bots. In a letter sent to Twitter, Musk said that…

Categories: News, The Market

Don’t Believe That This Bear is Different – It’s Not

Thad Schlaud

Bull markets happen. Bear markets happen. Just stick to your financial plan and stay calm and disciplined. When the market sours or slumps, don’t believe talk that this bear is different. It is not. History shows this is true. When markets decline, they do so rapidly and painfully. The subsequent…

Categories: The Market

The Fed Raises Rates, Should You Sell Bonds?

Thad Schlaud

Don’t let public perceptions drive your investing because that’s speculating. On May 4th, the Federal Reserve raised interest rates by 50 basis points and scaled back other pandemic-era economic support, as it stepped-up its fight against the highest inflation we’ve seen in 40 years. “Inflation is much…

Categories: News, The Market

It Might Not Be Enough to Diversify at the Asset Class Level

Ben Klamo

Traditional investing, frequently coined a “buy and hold” investment strategy, incorporates a mix of assets that create a portfolio of investments. This portfolio of assets generates an expected return given an investors’ risk profile. We refer to this type of investing as Strategic Asset Allocation (SAA). At the core of…

Categories: News, The Market

First Quarter 2022 Review and Outlook

David Martin

U.S. equities closed out their first quarterly loss in two years with the S&P 500 Index falling 4.9% in Q1, the first quarterly decline since the 20% plunge in Q1 2020 at the start of the pandemic. The first Fed rate hike since 2018, the highest inflation in 40 years,…

Categories: The Market

If Russia Invades Ukraine, What Should You Do?

Thad Schlaud

Wall Street has little recent history to go from, but two things are very likely. Starting in late 2021 and throughout all of 2022, Wall Street has debated what markets might do if Russia invades Ukraine. On February 11, Jake Sullivan, the White House national security adviser, warned that Russia…

Categories: News, The Market

Year End Recap and 2022 Outlook

David Martin

The S&P 500 rallied 26.9% in 2021, thanks in large part to record earnings revisions, the strongest economic growth in decades, and unprecedented stimulus from the Federal Reserve. Those conditions will almost assuredly not be as market friendly in 2022. Earnings growth should slow to single digits, real GDP could…

Categories: News, The Market

Hoping That Next Year is When You Retire Early?

Thad Schlaud

As we enter into a new year, maybe the dream of an early retirement starts to take shape in your mind. Maybe you’re researching when you might first qualify for Social Security retirement benefits (hint: for Social Security income, the youngest age when you can apply is 61 years and…

Categories: Family, The Market