INSIGHTS
Hit the Mute Button
By: Matt Garrott The month of May was not kind to equity markets as the S&P 500 dropped 6%. International stocks were down for the month, too. The EAFE lost 5% while Emerging Markets were down 7%. Sell in May and go away? We don’t think [...]
Market Timing: Danger Danger
By: Mark Weiskind Most investors, and certainly all our clients, know that market timing (i.e. trying to move in and out of the stock market based on a prediction of the future) is a bad idea. I recently read an article with some data that really [...]
Market Commentary Q1 2019
By: Matt Garrott 2019 is off to a hot start as the S&P 500 gained 13.7%. Will the market keep up this pace for the rest of the year? It’s unlikely, but the “pace” is also a bit misleading. We have not yet made up the [...]
Kraft Heinz
By: Matt Garrott This Commentary Brought to You in Part by Macaroni and Cheese The latest earnings report for Kraft Heinz was a shocker. Operating results were flat, there was a huge impairment ($15.4 billion) of goodwill, and the dividend was cut by 40%. On top [...]
Shutdown Rally
By: Matt Garrott The S&P 500 seemed destined for bear territory (a fall of at least 20%) at the end of last year. It was down 17% when the US government shut down on Saturday December 22nd. On Monday, the 24th, a frenzied half-day of trading [...]
Market Commentary: Year-End 2018
By: Matt Garrott What Happened in 2018 Hail to the King – Cash was king in 2018, up 1.87%. Chances are your savings account outperformed your portfolio this year, as 2018 was a highly unusual year where virtually every other broad asset class lost money. Keep [...]