“Leading Investors,” the 2022 3rd quarter newsletter

The year 2022 is three-quarters of the way through. Depending on your frame of mind, it’s either, “where did the time go?” or “it’s finally here.”  Just remember that time’s pendulum moves from one side to the other and it does feel that it’s swung over to the side of uncertainty and volatility. However, we know that pendulum moves in the other direction as well. Learn more in our newsletter. You’ll find Leading Investors by clicking here.

“Leading Investors,” the 2022 2nd quarter newsletter

Lloyds Trading Floor photographed on day of mass protest in London, 30 November 2011.

In these past 6-months, we have seen just about everything that has pushed portfolios and economic changes in all kinds of directions. Please consult your financial advisor or Client Services if you have any concerns or questions. Click here for our newsletter.

Leading Investors: 2021 2nd Quarter Newsletter

Another 6-months to the calendar year. Where does the time go? With just 2 quarters left until the end of 2021, we’re all familiar with the challenges before us. You’ll find the 2nd Quarter newsletter, 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

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.

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.