Stocks defied the skeptics in a very unpredictable 2023. The Dow Jones finished at an all-time record high on December 28, and the S&P 500 came within a whisker of a fresh all-time high after the index rallied more than 20% for the year. It wasn’t only stock...
Solid gains for both stocks and bonds gave investors a November to remember. As financial markets continue to defy skeptics, I’m reminded of a quote from Warren Buffett’s long-time partner and one of the greatest investors of our time, Charlie Munger, who passed away...
We trust this letter finds you well. As we approach the end of the year, we want to make sure we are optimizing your investment portfolios to the best of our abilities. With tax season for 2022 now behind us, if you have any loss carryforwards, please be sure to let...
The S&P 500 lost 3.3% in the third quarter after sliding nearly 5% in September. Putting this into perspective, nothing really qualifies as out of the ordinary. Since 1950, the S&P 500 has historically declined in September 55% of the time, posting an average...
Dear Valued Clients, Financial markets lived up to their reputation during the month of August, which has a record for being difficult. On the first day of August, markets had to contend with a downgrade of U.S. long-term debt by the rating agency, Fitch. They...
Dear Valued Clients, We hope this message finds you well. In an age where digital connectivity is at its peak, ensuring the security of your personal information has never been more crucial. With recent breaches becoming all too common, we wanted to take a moment to...
Making economic forecasts and stock market predictions can be humbling. It’s especially tough when you expect stocks to go higher and get a big drop instead. The environment today is the opposite, but still tricky, as recession hasn’t followed the chorus of...
We know that market fluctuations can be distracting. Fortunately, we also know that taking the long view is a prudent approach to investing. We’re making a change to help you focus on your financial future and tune out the noise. If you receive paper statements in the...
The economy and markets made progress toward regaining balance in the first half of 2023, but more work lies ahead. Reclaiming that state of balance helps us feel grounded, rooted in stability and the comfort of the familiar.
Looking back on the first half of 2023, it’s probably fair to say the outcome has been a bit better-than-expected for the stock and bond markets, especially compared to 2022’s tumult.