The S&P 500 Index hit its last all-time high on July 16th at 5,669. Since then, the market (as of this writing) is down about 8%. However, some stocks, namely Mega cap tech stocks, are down far more. The SPDR Technology Index ETF (XLK) is down 16% since its July 10th high.
What is...
So far it has been a good year with the S&P 500 up 15.3% in the first half.1 However, there are some dangers lurking beneath the surface, which we will discuss. We will also dive into the interest rate environment and inflation and how it forms the basis for managing portfolios.
One...
The short answer is: that’s not what you should be focusing on. Instead, investors should be asking, “at today’s valuation, is it a good time to invest?”
Investing at all-time highs may seem scary for investors. We are told to buy low and sell high and buying at all...
One of the largest issues this election cycle will be the deficit. In my opinion, it hasn’t received nearly enough attention even though it has received a good amount. The fiscal situation in this country trumps (pun intended) anything to do with the border or democracy.
The problem comes...
Looking back at 2023, one thing we can reflect on is the winding road we navigated along the way. The last several years we’ve had alternating results and abnormal returns. In 2020, the S&P fell more than 33% before recovering before year’s end to finish up 18%. In 2021, the...
