As we enter the election season leading up to November 5th, I expect increased market volatility and an increase in client inquiries about the election and how it will affect stock and bond prices.

While Traditional and Roth IRAs offer tax benefits, they differ crucially. Roth contributions have income limits (unlike conversions), making them less suitable for higher earners.

The total return for the S&P 500 for the 3rd quarter was a minus 3.27% although the major index has returned a positive 13.07% year to date. Large cap stocks generally outperformed small caps while the 10-year Treasury Yield touched 4.6%.

The first half of 2023 is done and over and to the novice investor, the stock market looked incredibly strong. The S&P 500 booked a total return of 8.3% for the 2nd quarter and 15.9% for the first half of the year.

We believe that the economy is currently in or about to be in a mild recession. Most of the indicators that we monitor indicate that the economy has weakened.

Most people are well aware that stocks have been under pressure this year. The first chart below shows the selloff as most laypeople understand it. However, the following chart shows the Nasdaq Advance / Decline ratio.

The broad US stock market indices finished down for the third quarter in a row with the S&P 500 coming in at minus 24.77, the Nasdaq down 32.40% and the Russell 2000 down 25.19% year to date. In bear markets, surprises tend to be to the downside so we do expect some elevated volatility in the short term,

The first three rules of investing in the stock market are: 1) the trend is your friend, 2) don’t fight the Fed, and 3) beware the crowd …

You’ve undoubtedly heard by now that the S&P 500 just had its worst six month start to any year since 1970 coming in at minus 20.58%. The Nasdaq finished the 2nd quarter down 29.51% YTD while the small caps as measured by the Russell 2000 were off by 23.93%. And to make matters worse, there was nowhere to hide other than cash.

One of the advantages of getting older is experience and the wisdom that (supposedly) comes with it. I would say that over 30 years of playing 'The Greatest Game' would qualify me as an experienced investor.

I hate to be the bearer of bad news but…various parts of the yield curve have started to invert. If I haven’t already lost you, please read on. This is important.

It appears that the bounce off the Covid lows in the S&P 500 that started in late March of 2020 has come to an end, but only temporarily. For now, we expect stocks to trade in a sideways fashion before resuming the secular uptrend as the institutional crowd

The S&P 500 is above its long-term trend line going back to the 1960’s reflecting the post Covid rally.

Retirement planning comes with plenty of options, but few financial products generate as much buzz, or confusion, as annuities.

As long term investors, which most of our clients are, the goal is to buy high quality equity investments and hold onto those investments until something changes with the company or until it is apparent that an existing bull market has come to in end. Its not possible,

After nearly thirty years in the investing game, I’ve seen a lot of changes. I’ve seen great companies and even entire industries be born and disappear. Keeping up with current events and the news of the day is really one of the biggest parts of my job. The

If you are already tired of the election ads everywhere you’re not alone. I’m tired of them too and we still have about a month to go. As people become numb to the effects of the Corona-virus,

Somehow it just doesn’t feel like the S&P 500 had its fourth best quarter since 1950, but it did. The S&P 500 started this year at 3244.67 and closed out the second quarter out at 3100.29.

I think the last thing anybody needs right now is a recap of the first quarter. Unless you’ve been living under a rock, and I guess that’s what we’re supposed to be doing now, you already know all about the second biggest story to sink the stock market in my nearly thirty year investment career.

According to Investopedia “The basic efficient market hypothesis posits that the market cannot be beaten because it incorporates all determinate information into current share prices.”