Why investors should resist the urge to reach for yield
“I can’t remember the last time we reached for yield and it worked out in our favor.”
The Fed helped revive stocks, but its actions created new risks
Whatever it takes. That’s the unofficial policy the Federal Reserve has adopted in its mission to save the U.S. economy from the coronavirus. It’s also (by far) the biggest reason why stock prices have rallied more than 50% in less than six months.
The S&P 500 has never been more top heavy
Never before has the S&P 500 been as top-heavy as it is now.
How to plan for an unplanned retirement
When it comes to retirement, most of us can agree that sooner is better. Very few people commit 40-plus hours per week with the intention of working forever, which is why the most popular question we get asked when building financial plans is “When can I retire?”
Stocks healthier in countries with better pandemic response
The cure for the common stock market may be as simple as better policy. At least this year.
Why this is a golden opportunity to add gold to your portfolio
If you’re looking for silver linings during these strange economic times, gold offers more than a glimmer of hope. While likely to outperform if stocks suffer another sharp sell-off, you don’t need to be bearish on equities to have a positive outlook on gold.
Amid unprecedented uncertainty, target allocation should be your investment guide
Economic uncertainty has never been higher in our lifetimes than it is now.
This market downturn is unlikely to match 2008
Six trading days is all it took for the S&P 500 to fall 10% from its all-time high set Feb. 19, the fastest 10% correction in history. In less than a month, the Dow Jones industrial average lost 20%, officially entering a bear market.
Stock valuations elevated, but not yet peaked
An old Wall Street axiom suggests the stock market is the only place in the world where buyers are more comfortable paying a higher price for the product. If that’s the case, the line at the checkout counter is about to get longer.
Big news seldom fazes markets, but keep an eye on smaller stuff
While preparing for a review meeting with a client earlier this month, we waited for President Donald Trump to address the nation. It was the morning after Iran had fired missiles at U.S. military bases in Iraq. Although tensions in the Middle East have simmered down (relatively speaking) since the first week of January, it seemed Trump’s first official public comments were worthy of our attention.