Market Commentary
This past Wednesday, Steven was invited to provide financial advice for viewers of Capital Tonight through Capital News 9. Capital Tonight – 03.18.2009 During this Capital Tonight call in, he tackles topics such as how to invest, and what to do if you have lost your retirement savings this past year.
Good morning… I apologize for filling up your email box with so much information but between last evening and since 6:00 am this morning, I have heard from many clients and just received the attached commentary from Professor Jeremy Siegel that I wanted to share with you. Every client whom I’ve talked with is nervous,…
Good evening, After today’s surprise sell off, or crash, mostly because of margin calls and hedge fund liquidations I can say that we are treading in uncharted waters and are trying to navigate this storm as best we can which is turning out to be the Perfect Storm. I have been arriving in the office…
Please let me start out by saying that I know things aren’t going well lately and since 1986 when I began counseling clients I can’t remember this much chaos and confusion being felt throughout the world. The U.S. is a great country and our stock markets have recovered from all events that have occurred, so…
It’s no secret by now that the Dow fell almost 800 points as the market reels from the House vote on the Bailout or Rescue Plan today. Today was the worst day the stock market has seen since Black Monday in 1987 and I wanted you to know that I will be in my office…
Let me start out by saying that during these troubling times on Wall Street, our services become more valuable to our clients so I have cleared my calendar of all non-essential meetings and/or activities in order to be available for any questions or concerns which you may have. I find that email is the quickest…
First Quarter Commentary
Spring is in the air, the sun is shining and stocks keep rising…let’s hope it continues!!! The S&P 500 Index capped its best first quarter since 1998, with its fifth straight weekly gain. The DJIA was up 4.1% and the S&P 500 4.9% for the first three months of 2010. Since March’s low last year,…