April 2019 Financial Markets Summary The 1st quarter of 2019 ended on a great note with the strongest domestic stock quarterly performance within the past ten years, but this has been a very eventful few months. The S&P 500 almost tipped into bear market territory in the 4th quarter with a 19% decline,…
December 2016 Financial Markets Summary 2016 has been the year of surprises. Most conventional wisdom and expectations have been proven wrong. It was common knowledge that the Britain vote to leave the European Union would fail. Common knowledge was wrong. All major investment firms suggested loading up on European stocks and reducing domestic exposure. They…
Yesterday’s presidential election results were a surprise for most Americans. Virtually all pollsters had it wrong. Just as the Brexit vote confounded the media and much of the world, Donald Trump’s upset victory over Hillary Clinton has left much of the world wondering how it happened. For our clients, there is little point in us…
United Kingdom voters chose to leave the European Union one month ago on June 23rd. Panic immediately spread across the world as people extrapolated this decision into what they expected to follow. Talking heads suggested this would cause a worldwide recession. SELL, SELL, SELL! Some investors actually followed this advice, as it caused the S&P…
