Market Commentary 12/31/2023

By |2024-01-08T15:18:03+00:00January 8th, 2024|Blog|

By: Matt Garrott What Happened in 2023 2023 was a surprise to the upside.  Inflation dropped, a much-anticipated recession never arrived, and the S&P gained 26.3%.  Famed investor Peter Lynch said, “Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections [...]

Magnificent 7

By |2023-12-08T15:26:12+00:00December 8th, 2023|Blog|

By: Matt Garrott The story of the S&P 500 this year is the Magnificent 7.  That is, the seven largest companies in the index by market cap (it’s 8 tickers because Google has two share classes).  The S&P is up over 20% year-to-date, mainly because of these giants:   All investment pros had [...]

Making a Difference

By |2023-11-21T21:12:02+00:00November 21st, 2023|Blog|

By: Maria Hinton Making a Difference, Fairway Volunteers at the Metro Parks for Litter Cleanup Litter, in all its forms, poses a significant environmental and aesthetic challenge for communities around the world. Whether it's a plastic bottle tossed carelessly from a car window or discarded food wrappers strewn across a park, litter diminishes [...]

Fairway Wealth Named to the 2023 Forbes/SHOOK Top RIAs List

By |2024-02-13T15:12:50+00:00October 23rd, 2023|Blog, Breaking News|

Fairway Wealth Management is proud to announce it has been named to the  Forbes/Shook list of the Top RIA Firms nationwide.  After 23,100 invitations to participate and over 18,000 telephone interviews, the ranking names the top 250 Registered Investment Advisors (RIAs) in the country. “It is an honor to be recognized on this prestigious national [...]

Market Commentary 9/30/2023

By |2023-10-05T15:03:37+00:00October 5th, 2023|Blog|

By: Matt Garrott Cash and commodities were the only places to hide in the third quarter as stocks and bonds both posted negative returns.  The yield curve remains inverted.  A government shutdown has been delayed, but looms behind daily headlines of legislative dysfunction.  Strikes are hitting not only Hollywood and Las Vegas, but [...]

2023: Year of the 4 Comma Club

By |2023-06-09T14:30:12+00:00June 9th, 2023|Blog|

By: Matt Garrott The stock market in 2023 has been dominated by the 4 Comma Club, the Trillionaires* – Apple, Microsoft, Alphabet, Amazon, and Nvidia.  Nvidia’s position in this elite group is not cemented in place as it has recently fallen back down to a mere $925 billion market cap.  Schwab’s Liz Ann [...]

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