Market Update – Spring 2014

Five years after the worst financial crisis since the Great Depression, we feel fortunate to be where we are. The past few years reinforced the safe-haven status of the United States and the privilege of being the world’s reserve currency. The picture of U.S. economic...

Market Update – Fall 2013

The quarter ended with a surprising twist. After signaling at its June meeting it might begin tapering its monthly bond-buying program if economic data pointed to a sufficiently strengthening economy, the Fed ultimately opted to stay the course. Shortly thereafter,...

The Bigger Baby Boom

We’re all familiar with the basic story line of the Baby Boom, when post-World War II birth rates doubled during the span between 1946 and 1964. All of us benefited from the increased economic production and consumption brought on by the 75 million...

Market Update – Summer 2013

After a period of relative calm, volatility returned to all financial markets in May and June.  Core bonds lost -3.3% from May 1 through June 30—one of the worst two-month declines in the benchmark’s 37-year history.  Long-term Treasury Bonds lost -9.8% in the last...

My Advisor is a _____!

A recent AARP survey confirmed that 76% of Americans still mistakenly believe that all financial advisers must act in their clients’ best interest.  It just feels natural to believe that your adviser has your back, but legislation over the past 100 years proves...