A monthly column on topics that matter.
Value stocks still valuable after strong year
It was a long time coming for value stocks. The Russell 1000 Value index fell 10% in 2022 compared to a 19.4% drop for the S&P 500 and a 30% loss for the Russell 1000 Growth index. Yes, it was
Believe it or not, inflation has a bright side
None of us need to be reminded of high inflation or the laundry list of challenges that come with it. While the latest Consumer Price Index (CPI) has fallen to 7.1%, the cost-of-living for Americans is still increasing at the
Bond funds have never looked so bad
Imagine the following scenario: A husband and wife sit down with their financial adviser for a regular review meeting. The discussion includes a summary of recent performance, during which the adviser informs the couple that they have lost nearly 15%
History suggests stocks approaching a bottom
We can’t tell you exactly when the stock market will hit bottom. We can, however, offer several reasons why you should feel confident equities are further along in the bottoming process than many would lead you to believe. Before we
The battle against inflation rages on, but it’s worthwhile despite the pain
The battle against inflation is taking casualties. Inflation eats into every family’s discretionary income. It is an obvious hurdle for the stock market. It is also an inevitable part of longer-term economic cycles. So, while it’s OK to grit your
Stocks reach a fork in the road to recovery
As ugly a year as it has been for equity investors, conditions have improved in the last two months. The S&P 500 rallied 15% from its June 16 low and in doing so recaptured half its year-to-date losses. That leaves
It’s not too early to harvest your 2022 stock losses
Paying taxes on investment gains is an unfortunate reality of successful investing. Writing a check to the IRS is never fun, but the truth is that a large tax bill typically means you booked a significant return from those investments.
Recession is far from a worst-case scenario
The two most popular conversations in financial media, Fed policy and inflation, usually lead to the same question: Is the U.S. economy headed for a recession or not? All this talk about “soft landings,” whether or not the Fed can
Hard to have faith in the Fed’s new religion
The Fed has found a new religion. Seen the error of its ways. The most powerful man in the financial world, Jerome Powell, has come to realize that perhaps endless injections of monetary stimulus and artificially low interest rates might
