May 2024

Summary Investors who chose to follow the old market adage of “Sell in May and go away,” ended up disappointed, as stocks and bonds rebounded with strong performance following April’s selloff. With inflation and economic data cooling, interest rates moderated and equities rallied during the month. Equities Stocks bounced back in May as global equities…

Read More

Happy 5/29 Day!

photo credit: Unsplash Happy 5/29 Day! Today we celebrate the 529 Plan, a college savings vehicle with tax-free withdrawals. What Is a 529 Plan? What Are the Benefits? This beneficial tax treatment comes with a few strings attached: While not federally tax deductible, contributions in certain states are state income tax deductible The money must…

Read More

April 2024

Summary After a robust start to the year, stocks pulled back for the first time in April. The broad selloff was fueled by diminishing hopes for Fed interest rate cuts, geopolitical worries, and a lower than forecast level of GDP growth in the first quarter. Interest rates moved higher for the month as bonds continue…

Read More

Forecasting Equity Returns – What Can I Count On in 2024? Part Three: Smoke and Mirrors Day – A Celebration of Small Caps, Global Funds and Emerging Markets

Photo credit: Pixabay A three-part conversation with Highland Consulting Associates. Over the past several weeks we have been considering what you can expect from investment returns in 2024—or, rather, whether you can count on 2024 predictions at all. We’ve organized this series into three parts (see Part One and Part Two)  to cover the major…

Read More

Forecasting Equity Returns – What Can I Count On in 2024? Part Two: What are the Pieces of the Pie? (And Is Your Pie Getting Smaller?)

Photo credit: Pixabay A three-part conversation with Highland Consulting Associates. In the next several weeks we’ll consider what you can expect from investment returns in 2024—or, rather, whether you can count on 2024 predictions at all. We’ll break this series into three parts to cover the major areas of investment opportunities beginning with historical returns,…

Read More

March 2024

Summary Returns were positive across the board for major global asset classes in March. For large cap developed markets stocks, the close of the first quarter of 2024 marked the 5th consecutive month of positive returns, while for bonds, March offered some welcomed relief after a slow start to the year. The rally was truly…

Read More

Forecasting Equity Returns – What Can I Count On in 2024? Part One: Normalized Distribution – Ring a Bell (Curve)?

Photo credit: Pixabay A three-part conversation with Highland Consulting Associates. In the next several weeks we’ll consider what you can expect from investment returns in 2024—or, rather, whether you can count on 2024 predictions at all. We’ll break this series into three parts to cover the major areas of investment opportunities beginning with historical returns,…

Read More

SVB – A Year After the Bank’s Collapse

Photo Credit: Alexey Yarkin Short-sighted, Vulnerable, Broke Nearly a year ago, Silicon Valley Bank failed. On March 8, 2023, SVB announced a $1.75 billion capital raising effort, offering its common stock and depository shares. As the announcement moved through media outlets, the message heard was this: SVB is short on capital and it may not…

Read More