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WHAT'S NEW? Our Latest Updates!

March 2020 Performance Review

The outlook for the global economy darkened amid the temporary (but not temporary enough) shutdown. Stocks tanked everywhere. At one point, the Dow was down almost 40% since the highs of mid-February, and all the gains since Trump's inauguration were destroyed.

February Performance Review

It is starting to look as if the next Black Swan for the economy and stocks is the new coronavirus making its way around the world.

Trade Alert

We made some changes to both our model portfolios on Friday 2/28/20. And while there where quite a few trades, the overall risk level from the stock bond mix hasn’t really changed significantly, more so we changed the types of stocks and bonds we wanted to be in going forward in light of some recent swings. As it turned out though, it’s a pity we didn’t increase the stock allocation much because as of Monday the stock market has been staging an amazing rebound (or dead cat bounce… only time will tell!). But then it’s typical that the highest point gain ever should come after the fastest 10% drop from a peak. Tuesday is showing markets back in the red as an emergency rate cut isn’t working. It’s that kind of a market now…

January 2020 Performance Review

As our portfolios are fairly well positioned for an environment where investors expect an economic slowdown, we beat all the benchmarks in January.

December 2019 Performance

What a difference a year makes! This time last year, a recession seemed imminent, and the stock market briefly saw a roughly 20% decline from the 2019 peak. 

November 2019 Performance Review

This year is turning out to do much more for stocks than merely reversing the sharp declines of late 2018. 

October 2019 Performance Review

Globally, stocks continued up, with only a slight drop in longer-term bonds. It is almost like the bond market is expecting a recession soon and "better safe than sorry" but the stock market wants to play musical chairs until the actual record stops on the economy.

September 2019 Performance Review

Even with the weak month for bonds, we had a decent month relative to benchmarks

August 2019 Performance Review

Stocks gave back some of the gains made in August as economic and trade fears kept bubbling up. In this environment the bond market remained red hot as interest rates plunged yet again. This boosted our portfolios relative to benchmarks as we have been taking more interest rate risk (but less stock risk) than most other portfolios for quite a few years now.

July 2019 Performance Review

With rising trade tensions as the catalyst and a backdrop of suspiciously low interest rates, August is looking to wipe out much of the recent gains with a roughly 800-point one-day drop in the Dow and interest rates plunging to levels last seen right before the last presidential election.