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Coping with Market Volatility
March 16, 2020 Dear Valued Investor: Fears over the spread of COVID-19 (coronavirus) have gripped the country and sent stocks in the US and around the world into bear markets. Thursday’s nearly 10% decline in the S&P 500 Index was one of its worst days in history and the largest one-day percent decline since the…
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COVID-19 and Oil Prices | Client Letter
The tough times that global markets were experiencing due to the spread of COVID-19 (coronavirus) worsened this past weekend as a price war between Saudi Arabia and Russia resulted in sharply declining oil prices. This combination of events is testing investors’ patience. We need to remember that it is fairly common for stocks to enter…
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Client Letter Talks About Bumpy Market by John Lynch | February 6th, 2020
February 6, 2020 Dear Valued Investor: The start of 2020 has brought increased stock market volatility. The uncharacteristically calm market environment we experienced for much of the past four months was bound to end, but identifying the catalyst for a potential sell-off became more difficult after the U.S.-China phase-one trade deal was signed. Not even…
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Client Letter | “Fed Move Suggests Economy Is On Track” | March 2018
Dear Valued Investor: The first quarter of 2018 is wrapping up, and it’s time to spring forward and look ahead to what we could expect in the coming months. After a large market drop kicking off the month of February, March has been relatively calm for stocks so far. The biggest event of the month…
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Weekly Market Commentary | February 12, 2018
KEY TAKEAWAYS A perfect storm of investor worries collided over the past six trading days, resulting in an unprecedented bout of market volatility. These experiences provide a good opportunity for investors to reassess current allocations relative to long-term targets. We maintain our year-end S&P 500 fair value estimate of 2850-2900, representing a move of approximately…
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Your Financial Future
Dear Valued Investor: We hope that you have enjoyed spending time with loved ones during this holiday season. This time of year often presents an opportunity for some additional rest and relaxation, but there is always the possibility for activity in the markets–or as was the case last week, the government. Last Friday, December 22,…