Economy and Investing

The American Rescue Plan

Posted Jan. 21, 2021

President Joseph R. Biden Jr. was sworn in as the 46th President of the United States on Wednesday, January 20, 2021. But his planning and work as POTUS began long before that. Before his Inauguration, Biden proposed the American Rescue Plan, a $1.9 trillion relief...

Topics: Economy and Investing

New Year Quick Take

Posted Jan. 06, 2021

Greetings and Welcome to 2021! Other than for certain tax purposes, December 31 is usually an artificial dividing line in our lives, though one that always looms large in the imagination. The reality is that Covid-19 was ravaging the nation pretty much the same on...

Topics: Economy and Investing

Predicting is DIFFICULT, Especially About the Future

Posted Oct. 15, 2020

While the humorous aphorism of this post’s title evokes our long-standing aversion to short-term prediction, we nonetheless hold strong, evidence-based beliefs about the future. Among those beliefs are a conviction that fundamental valuation ultimately matters in the stock market. Which is to say, how much...

Topics: Economy and Investing

The Stock Market Doesn’t Care Who’s President

Posted Oct. 15, 2020

As you may have heard, there will be an election next month. And in every presidential election year, the same question comes up in our conversations with Clients: how will the outcome of the election affect my portfolio? As we’ve said in the past, while...

Topics: Economy and Investing

Impulsive Moves May Not Help You Get Ahead

Posted Aug. 20, 2020

Our strategic partners at Dimensional often share with us educational tools and resources that creatively illustrate key strategies of our shared approach to investments. This quick two-minute video with a simple, clever analogy about investing when markets are rough caught our attention and felt worthy...

Topics: Dimensional Fund Advisors, Economy and Investing

Short Take: What Goes Around, Comes Around

Posted Jul. 09, 2020

While short-term trends in the financial markets, by themselves, don’t provide a clear view of what’s coming, they can be a reminder of the virtues of broad diversification. As you can see from the chart below, small company, value, and international stock categories have mostly...

Topics: Economy and Investing, Financial Planning

Undervalued Stocks Soared, but Not Because They’re Undervalued

Posted Jun. 10, 2020

This WSJ article, which discusses the recent surge in value stocks, caused us to run the position performance report on our clients’ holdings since May 15. We find it notable that over the past month, value stocks, both foreign and domestic, along with small and...

Topics: Economy and Investing, Financial Planning

Coronavirus Economics Part 2

Posted Jun. 10, 2020

In this webinar, we touch on the current state of the US and global economy, stock market performance and what it may be signaling, prospects for new rounds of fiscal and monetary support, and our thoughts on the probable path of recovery. SLIDES: Coronavirus Economics...

Topics: Economy and Investing, Webinars

The Pandemic is not like the Great Depression

Posted May. 12, 2020

The latest unemployment numbers in the U.S. have been universally touted as the “worst since the Great Depression,” a comparison that, while accurate, can be tremendously misleading. Speaking to the Wall Street Journal, former Federal Reserve Chair Ben Bernanke said, “I don’t find comparing the...

Topics: Economy and Investing

Monetary and Fiscal Policy in the Age of Coronavirus

Posted Apr. 30, 2020

In this webinar, we discuss monetary and fiscal policy in the age of coronavirus, with a specific focus on the latest economic impact of the pandemic, the Federal Reserve's actions in response to the pandemic, the fiscal response from Congress and the White House, inflation,...

Topics: Economy and Investing, Webinars