Current Market Conditions and Short-Term Expectations: Whenever the major US stock indexes reach new highs, or tumble unexpectedly, we hear from a few of our clients with worries about the near future. The S&P 500 (a broad index representing the largest US-based companies) hit new all-time highs in late…
It’s hard to avoid hearing the rumbling sound coming from Wall Street over the last couple of weeks. Even news outlets that don’t normally mention market news have spent at least a few minutes on the wild ups and downs – okay, mostly downs – of the major indexes. And…
There were a couple of interesting articles in the investment industry press yesterday that I feel the urge to share with everyone. First is “Ignore the Gurus“, by Scott MacKillop from Wealth Management magazine. My favorite pull-quote: “The guru Hall of Fame is an empty room.” It seems that market…
A college classmate wrote me an email recently, asking my opinion about the state of the world, and the markets, in the current political climate. Since the election there’s a nagging voice in my head saying that the money I’m investing is just going to go away on account of…
While we can’t be certain whether the immediate financial-market reactions to his election will continue for the length of a Trump presidency, we think that some of the policies proposed by the incoming administration give even more reasons than ever to make sure that your investments are aligned with your…
One of the questions we hear most often, especially from other investment advisors, is The Performance Question: How can you recommend a “Sustainable, Responsible, Impact” investment portfolio to your clients, when they under-perform regular market indexes? The question seems to be based on one of two underlying assumptions. The first…
Yesterday, in a surprise move, the people of the UK voted to leave the European Union, and Prime Minister Cameron was more-or-less forced to resign. Markets around the world had been rising for the last few weeks, as it looked to most observers like the vote would go the other…
Stoicism has seen rather a lot of interest in the last few years — maybe it’s the fallout of a period of financial and social uncertainty, but I think the rise of events like “Stoic Week” tell us something about our desire to find meaning. At the same time, most…
It’s official – that was a lousy week on the American stock markets. In fact, this past week was the worst first week of a new year for the Dow Jones average ever. What happened, and what does it mean? Are those storm clouds gathering? As is so often the…
If you’ve checked on the market news more than once in the last couple of months, you may have been a little confused. World stock markets tumbled one day, rallied strongly the next — and normally boring commentators excitedly offered conflicting explanations. Were markets worried that the Federal Reserve would…

