Market Commentary

Reacting to the Fed’s “Tapering” Decision Market Overview The beginning of the quarter continued the upward trend of the markets that we saw in the 1st quarter of 2013.  With considerable cash on the sidelines, any dips in the equity markets during April and early May saw investors buying into the markets for fear of…

A basic tenet of modern portfolio theory suggests that investors who take on greater risk can expect a higher return. Under this theory, to maximize your portfolio’s return, you need to accept more volatility. In the past few years there have been several studies completed that suggest a counter theory. These studies make the argument…

We saw a rollercoaster ride in the markets for the week ending 6/7, led in large part by reactions to what the Fed is, or what the Fed is perceived to be doing next with their quantitative easing policy.  With each new economic data report, employment report, and statement from the Fed, the markets are reacting…

In any well-diversified portfolio it’s critical that investors have exposure to the fixed income or bond market.  When we allocate our clients’ portfolios, the fixed income portion can range from 20% to 60% of their total portfolio depending upon their indvidual risk tolerance and cash flow needs.  In the current market environment, where 10-year treasury bonds are yielding…

Market Overview We started 2013 with a brief trip over the “fiscal cliff” followed by general concern over Washington bringing uncertainty to the economy and producing artificial crisis situations over the debt and budget debate.  By the end of the quarter, Congress was not able to come to agreement on a master plan to change…