2021 First Quarter Investment Market Report

2021 First Quarter Investment Market Report

        What a difference a year makes! Unlike the situation in the first quarter of 2020, U.S. stocks have posted healthy gains since January. There is optimism that the recent stimulus checks to consumers plus the proposed multi-trillion dollar...
COVID Relief From Congress

COVID Relief From Congress

There’s a lot to consider in the new American Rescue Plan bill, beyond the fact that the government is sending checks to some American families.  Although the bill is called a stimulus measure, it is better characterized as disaster relief. The goal is to help relieve...
GameStop: Gambling vs. Investing

GameStop: Gambling vs. Investing

The financial media took a brief break from predicting everything that will happen in 2021 (don’t laugh; it’s their yearly habit) to bring us the engaging story of how masses of small amateur investors managed to bid the share prices of three largely-unprofitable...
2020 Year-End Investment Market Report

2020 Year-End Investment Market Report

It would be hard to imagine a stranger year in the U.S. investment markets, or one that did a better job of defying logic, than the year just passed. After the dramatic market collapse that began on February 20 and saw a 13% drop in the month of March, the U.S....
2020 Third Quarter Investment Market Report

2020 Third Quarter Investment Market Report

The investment results in September were certainly nothing to brag about, but overall the markets have done something interesting: large cap indices are up while small and midcap stocks have posted modest losses.  Given the persistent decline in the U.S. economy and...
2020 Second Quarter Investment Market Report

2020 Second Quarter Investment Market Report

This year, investors have been treated to a rare real-world lesson in the mathematics of investing—namely, the fact that after a market decline, it takes a greater market recovery to get back to even.  The first quarter saw a frightening downturn that delivered 20%...