It’s Election Time Buckle your safety belts, the election is upon us. And no matter which candidate you support, it’s sure to be a bumpy ride. At this late stage in the process, most polls are pointing to a sizable lead for Democratic nominee Joe Biden, but one can help see flashbacks to similar positive […]

Even as the stock market saw a pullback in September, it’s clear that stocks as a whole are operating on a different level than the rest of the economy. While small businesses remain shuttered or at lessened capacity, the market has maintained growth. This might seem like a fluke, but it actually makes sense when […]

For most Americans, the coronavirus pandemic has left a long-lasting scar that has yet to heal. Millions of people have been quarantined, jobs have been lost, children have gone without schooling, and there remains no certain end to this global pandemic. Yet, amidst all of the pain on main street, markets continue to climb and […]

Fueled by optimism about reopening the U.S. economy and a record-breaking employment report for May, stocks started the month moving in a positive direction. By Monday, June 8th, the S&P 500 actually closed in positive territory for the year. The euphoria would not last long. By the middle of that same week, the Federal Reserve […]

As the market rebounded significantly in April, capping one of the best performing months in more than 30 years, stock prices became strangely unhinged from the economic reality on the ground. During this time there was still widespread fear and uncertainty across the country, and we saw some of the most shocking economic data in […]

With the major indexes now in a bear market as the coronavirus has developed into a “Black Swan” event—a major unforeseen risk—the question on most people’s minds is whether markets have hit the bottom or have further to fall. Though it is too soon to tell whether we have reached an actual bottom, there are […]

As the chart below demonstrates, the stock market over the long term is an amazing wealth-generating machine. But the cost of reaping its benefits over the long term is staying the course through a agonizing times of worry and panic, the vast majority of which will not end up having a lasting impact. Currently the […]

Stocks began the week with a 300+ point rally for the Dow index, rebounding from last weeks 2.5% decline, which was triggered by worries about the spread of the coronavirus in China and beyond. For the year so far, the major indexes are now mostly flat with Treasury yields slipping under 1.80%, from 1.92% at […]

At the close on Friday the market capped off a remarkably strong week heading into the end of the year with all three major indexes around record highs, up six out of the last seven sessions. Before you pop open the champagne in celebration, though, it’s a good idea to get a little perspective by […]

Despite the trade war with China heating up again unexpectedly and the market pulling back slightly last week, it is a good opportunity to stop and reflect that is has been a remarkably strong year in the market. Nearly every sector rose in the double digits and nearly every asset class has been solidly positive […]