Market Update – Summer 2019

Market Update – Summer 2019

How to make sense out of the recent market behavior?  We all experienced a painful decline in December 2018 before the markets took a sharp (and unexpected) about-face and delivered the biggest first-half-of-the-year in 20 years and the best quarter since 2009. The...
(Very) Faulty Forecasts

(Very) Faulty Forecasts

The U.S. stock market seemed to be trending downward until the Federal Reserve governors’ meeting, where word came out that the Fed would hold off on raising rates despite the growing economy, and that the Fed might even lower rates.  Stocks responded by reversing...