market-update

Happy New Year, and welcome to 2021! I hope that this year brings to all of us less upheaval than the last. We were busy at the end of 2020, trying to reduce capital gains tax exposure for our clients.  There were a lot of gains last year, and surprisingly few losses, so you may…

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December 2020 market update

November stock market returns were for the record books, as the S&P 500 rose nearly 12%, the Dow Jones Industrial Average had its best month since 1987, and the Russell 2000 was up 18% for its best month ever.  The announcements of 3 vaccines spurred a rotation into the most economically-sensitive areas of the market,…

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2018April-market-update

Election Day has come and gone (my house is pleasantly quiet now that the political calls have stopped coming in!) and, although the results aren’t completely in, we have a much better feel for what government will probably look like for the next couple of years.  My first observation, while not directly stock market related,…

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signature wealth strategies market update

There is a lot of buzz around IPOs recently, the initial public offering of privately held companies that are becoming publicly owned.  It reminds me a lot of the IPO heyday of the late 1990s, which proved to be the end (for a few years, at least) of the tech boom.  The great companies survived,…

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market-update

  Around my house, we’re starting to get ready–although very slowly–for the return to school for our kids.  We love summer, so it’s a bit sad that it’s coming to a close.  But, autumn is becoming my favorite season, since we’ll get a break from the heat and humidity and, with any luck, I’ll get…

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market-update

2020 is halfway over, and I hate to wish time away, but I think most folks are glad to see it over with. Remarkably, with all the turmoil, the S&P 500 closed out the first half with a loss of only about 3%, so if you had been backpacking through Europe with no access to…

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  I’ve seen a lot in 27 years in the investment business, but I don’t recall anything like this. This was one of the fastest, if not THE fastest, bear market declines in history, followed by one of the fastest retracements ever. The pullback was not without reason, as earnings expectations for S&P 500 companies…

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2018June-Market-Update

  Man, what a month! March came in like a bear, and went out like a bear. It was one of the most astounding and frustrating markets I have ever dealt with in 27 years as a financial advisor/investment officer. One of the more amazing things, from a markets standpoint, is how quickly everything moved.…

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market-update

    As I write this, the stock market has triggered a trading halt due to the poor opening trades on Monday. This doesn’t happen often, but the idea is to stop the mass-selling that is, in my opinion, often induced by computer trading programs and not by people hitting the “sell button.” At any…

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December 2020 market update

January reintroduced volatility to the stock market, as concerns of the coronavirus caused investors to rethink their positions. It is becoming more apparent that the disruption caused by the virus (factory shutdowns, travel bans, etc.) may cause a reduction of global growth in 2020. Growth was already projected to be tepid, so this certainly has…

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