“Tradition”? Not in asset allocation

“Tradition”? Not in asset allocation

“Fiddler on the Roof” is one of the most enduring musicals written. It first previewed here in Detroit in 1964, and I’m sure regional or touring companies will continue performing it in the future for many years to come. And, of course, the movie version is always...

Quantified Funds 9/14/20

U.S. equity markets posted losses in all three indexes last week. The Dow Jones Industrial Average lost 1.66%, the S&P 500 lost 2.51%, and the NASDAQ Composite lost 4.06%. Only one of the 11 sectors, Materials, was up last week; it posted a gain of 0.82%. Of the...

What’s Happening 9/14/20

Flexible Plan summer hours To thank Flexible Plan employees for their hard work and dedication, our office will close at 4 p.m. (EDT) on Fridays through September to allow our staff to enjoy more of Michigan’s great summer. Rolling back 2020 RMDs As a reminder, CARES...

Dollar woes

Gold closed last week at $1,947.90 per ounce. The consolidation of the price of gold has now completed a “pennant” formation (shown on the following daily chart). This pennant pattern usually precedes a breakout in the direction of the previous trend—which, in this...