As your statistical report will likely show, this has been a nice quarter, a nice year and a nice twelve months for most clients. While technology company shares took a breather and went into a consolidation phase, a broader cohort of equities saw renewed interest and resulted in an overall positive performance of both domestically […]
The inevitable correction in technology was due and wild suggestions by politicians is the supposed excuse. I believe the secular growth of AI related tech stocks is unstoppable, and that while this correction may be uncomfortable for a few weeks, we are likely to find a positive resolution before year end.
7/18/24 – The Guardian: […]
As the chart below shows, this has been a good year, so far, for the broad Standard & Poor’s U.S. stock index. Driving this performance has been a handful of powerful technology issues. Absent these companies, the index’s rise would have been OK but nothing to get excited about.
Fortunately, most clients owned the technology darlings, […]
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“As retirement looms, many Gen Xers are still playing catch-up (cnbc.com)”
The past three months saw a continuation of a tech stock driven market rally, and as non-tech stocks also began to rally, confirmed that a sustainable bull market is in motion.
The Standard & Poor’s 500 Index is up 10.16% so far this year and up 29.71% over the past 12 months.
U.S. interest rates, based on […]
The major US and world stock indices had a volatile year in 2023, influenced by various factors such as the banking crisis, Federal Reserve Board policy, inflation, and geopolitical tensions. Here is a brief summary of their performance:
The capitalization weighted S&P 500 gained 24.2%, driven primarily by a handful of technology companies that came to […]
“…the Fed Board seems to be convinced that inflation must be stopped at all costs, so there is a good chance they will overshoot. Employment remains strong as does consumer spending. Resistance to inflationary price hikes appears to be absent. Therefore, I would not be surprised to see 10 Year T-bonds at 6%, even near 7% before […]
Our Medicare retirement healthcare system is confusing to most who are approaching eligibility at age 65. The article below may help your understanding. It was current as of September 2023:
The ABCs (And D’s) Of Medicare Coverage Financial Advisor, September 22, 2023 by Jennifer Lea Reed
The Tech stock train leaves the station, or so it seems
We missed much of the blistering tech stock rally seen in the first seven months of 2023. This is unsurprising as most clients want moderate growth without the terrifying volatility that technology and similar growth stocks generate. Coming off a tech stock bear market, I […]
As we entered the second quarter, investors were spooked by an ongoing rescue of smaller banks after suffering "runs." Since one of these, Silicon Valley Bank (SVB) held liquid assets for start-up technology companies as well as the financiers who invest in these ventures, the government decided that these were […]