By: Matt Garrott Markets hate uncertainty and with the U.S. Presidential election decided, one source of uncertainty has been removed. Instead of being barraged with political ads on TV and radio, we are back to hearing about the latest cure for moderate to severe restless elbow, its side effects, and a warning not [...]
By: Matt Garrott By: Dan Shomper Asset allocation may account for the majority of an investment portfolio’s returns, and we are big believers in indexing in certain asset classes, but that doesn’t mean that money manager selection is an afterthought. There are too many options available to simply throw a dart [...]
By: Matt Garrott I started writing this commentary before the election, but held onto it since it will live most of its useful life (about 30 days until our next commentary) post-election. Not that I was going to make any predictions, but I expected to garner a few examples for my main point: [...]
The diversity of their portfolio is an important factor investors often consider when determining the investment strategy that best fits their financial goals. Exchange-traded funds are increasingly popular, but direct indexing is also on the rise among investors, as it allows for greater customization and flexibility. Despite its complexities, direct indexing could be a suitable [...]
By: Matt Garrott Despite the usual myriad of things to worry about, market returns were strong in the third quarter. The S&P 500 gained 5.9%. The Bloomberg US Aggregate Bond Index rose 5.2%. A diversified portfolio benefitted from strong small and midcap returns as well as international equity strength. Kicking off the fourth [...]
By: Matt Garrott August was the seventh month this year with positive returns for the S&P 500 (April being the outlier). Up 2.4% on the month, the S&P 500 is up 19.5% on the year, including dividends. Market headlines continue to be dominated by the AI story as Nvidia is up over 100% [...]
By: Matt Garrott The S&P 500 continued its march higher, up 4.3% in the second quarter with 3.6% of that in June. The index has gained 15% in the first half of the year and continues to set new all-time highs. If the objective of investing is to buy low and sell high, [...]
By: Matt Garrott The S&P 500 gained 4.8% in May, offsetting the 4.2% dip in April. Year-to-date the S&P 500 is up over 11% while the Bloomberg US Aggregate Bond Index continues to struggle, down about 1%. The Dow Jones Industrial Average made history on May 17th, closing at over 40,000 for the [...]
By: Matt Garrott The S&P 500 gave back almost half of its first quarter gains in April, dropping over 4%. The Federal Reserve held rates steady as US GDP came in well below expectations and inflation remained sticky. The US Postal Service recommended raising the price of a First-Class Forever stamp to $0.73 [...]
By: Matt Garrott The S&P 500 got off to a hot start this year, up over 10% in the first quarter, but it may make sense to focus on what hasn’t happened this year rather than what has happened. Coming into 2024, forecasters expected 6 or 7 rate cuts from the Federal Reserve. [...]
