Market Update 7/6/20

Last week, equity markets pushed higher, capping the shortened holiday week. The Dow Jones Industrial Average rose 3.20%, the S&P 500 gained 4.0%, the NASDAQ finished the week up 4.6%, and the Russell 2000 small-capitalization index locked in 3.85%. The 10-year...
5 facts common to stress and investment risk

5 facts common to stress and investment risk

For most of us, “stress” is considered a bad word (and maybe an ever-present word these days). When we stress about work or relationships, we usually feel miserable. In the same way, “risk” is viewed as bad by investors. I think many would agree that when we think of...

Market Update 6/29/20

The major stock market indexes fell last week. The Dow Jones Industrial Average lost 3.3%, the S&P 500 Index fell 2.9%, the NASDAQ Composite dropped 1.9%, and the Russell 2000 small-capitalization index fell 2.8%. The 10-year Treasury bond yield fell almost 5...
The willing suspension of disbelief

The willing suspension of disbelief

Several decades ago (far too many) I was a new MBA graduate and had entered the management trainee program at what is now one of the world’s largest fully integrated communications firms. The program was comprehensive and included gaining exposure to several...

Market Update 6/22/20

The major stock market indexes gained last week. The Dow Jones Industrial Average gained 1.0%, the S&P 500 Index rose 1.9%, the NASDAQ Composite climbed 3.7%, and the Russell 2000 small-capitalization index advanced 2.2%. The 10-year Treasury bond yield fell 2...
Exposed

Exposed

Like a skeleton found in a closet, investors discovered in the first quarter that their portfolios were not being managed in the manner in which they had believed. A little history: As the market moved steadily higher in the aftermath of the twin 50%-plus market...