1st Quarter 2020 Newsletter
Category: Commentary
The Coronavirus: What you need to know.
For our statement regarding the ever-changing coronavirus, as well as the disease COVID-19, please click here
Capital Market Update-Feb 2020
The Investment Policy Committee has placed into perspective the various events taking place here and around the world. Please click here for the Capital Market Update–February 2020
2019 4th Quarter Newsletter
It has been quite a year and for that matter, a decade as well .
To that end, the Investment Policy Committee has their observations and comments ready for your perusal.
This is our largest newsletter as it’s filled with other articles and comments we think you’ll find interesting and helpful. Click here for the latest Leading Investors .
2019 3rd Q Newsletter
The Investment Policy Committee recently completed their summary of markets in this edition of Leading Investors.
Capital Market Update Q2 2019
Half the year has already come to pass and in that time we’ve seen a hodge podge of volatility, trade war rhetoric, a Federal Reserve increase–the first since 2015–and continued expansion of the US economy. But for how long?
The most recent Capital Market Update can be found here. The Investment Policy Committee has provided a juxtaposed perspective suggesting caution as well as optimism for the global market at large.
The 2019 2nd Q Newsletter
Half the year has come to pass with 2 more quarters to come. Market commentaries and other news can be found in our most recent newsletter. You’ll note on the front page, we’ve been selected by Financial Times as one of the top registered independent advisors in the country. For the 4th straight year, we’re honored to be recognized on the FT300. Please click here.
Capital Market Update
December 2018
We’re aware of the volatility and swings involved, yet in spite of the negative aura, we still remain focused on the fundamentals. Click here for the most recent commentary.
Capital Market Update
April 2019
The first quarter of the year has been a bit of a see-saw. Our portfolio managers on the Investment Policy Committee has an overview in their Capital Market Update commentary.
Market Movements
We recently saw some sharp, downward move in stocks. While the absolute numbers are historic, the percentage change is quite modest. In point of fact, we have just started to resemble a ‘normal’ market.
While this might be disconcerting to some, we don’t see it that way. A market in a relentless uptrend is unhealthy. A market with some volatility will give us the opportunity to invest some of your cash in stocks at better prices. We prefer to buy ‘on sale.’
The underlying fundamentals are healthy. The 2017 earnings reports are coming in very strong. Interest rates, while rising, are still extremely low by historic measures. Inflation is under control. The only thing that worried us was valuations. A quick, sharp downturn will present some opportunities.
This pullback is healthy, and will help sustain a healthy market longer term than the abnormal run-up we experienced over the past several years.