The Federal Reserve raised rates for the first time in three years. Stocks fell 1%, then had their best day in six weeks. The market was not cheering for higher rates. It was cheering that it finally had an answer.
Markets can live with bad news. What they struggle with is an open question. Four of...
Iā€™ve been on this bandwagon for some time now but as the market zooms, we have to wonder what future returns will look like. The S&P 500 is on pace for its second straight 20%+ annual return. This has only occurred five times over the last 75 years, per Bloomberg.
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20%+ returns in the market in a...
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. Ā
What is driving this mo...
So far it has been a good year with the S&P 500 up 15.3% in the first half.1Ā 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 thing Iā€™m watch...
Looking back at 2023, one thing we can reflect on is the winding road we navigated along the way. The last several years weā€™ve had alternating results and abnormal returns. In 2020, the S&P fell more than 33% before recovering before yearā€™s end to finish up 18%. In 2021, the market was up 29%. In 20...
