Lessons from the Financial Crisis

Ten years ago, we were in the middle of the Financial Crisis. Between October 2007 and March 2009, the S & P 500 lost 50% of its value. Home values plummeted. Banks and mortgage companies went from boom to bust seemingly overnight, and our entire financial system seemed to hang in the balance. I’ve often […]

SEI Weekly Market Update

Weekly Market Update from SEI: SEI Weekly Market Update 170120

Interest Rates, the Federal Reserve, and the Economy

The Federal Reserve announced on  December 14, 2016 that they were increasing the federal funds target rate by 0.25%. This move has been much anticipated and was certainly not a surprise, but does say a lot about the state of the economy and has long-term implications for both stocks and bonds. I thought I’d take […]

The Election and the Market

The presidential election is on everyone’s mind this fall, and many of our clients have expressed understandable concern about what effect the election will have on the stock market. Regardless of political leanings, many view the political situation as a sinking ship that will inevitably drag the market down with it. Not necessarily, if history […]

SEI Weekly Market Update 8/19/2016

Stocks were mostly negative last week as investors weighed the news that a the Federal Reserve is considering an interest rate increase. The same news pushed US Treasury bond prices lower, while globally the bond markets remained positive. Get the details here: Weekly_Market_Update_08_19_16

SEI Weekly Market Update 7/8/2016

Both stock and bond markets continued to rise during the first week of July. The S & P 500 index hit a record high, while the yield on 10-year Treasury Notes recorded a record low following a stronger than expected jobs report and word from the Federal Reserve that they did not expect to raise […]

SEI Weekly Market Update 07/01/2016

Global stock markets bounced back last week as fears about the economic impacts of the “Brexit” vote subsided. Meanwhile, global bond prices continued to rise as well, pushing yields on the US Treasury 10 year notes and 30 year bonds to all-time lows. Get the details here: SEI_Weekly_Market_Update_US_201607012016_US

Everything is Horrible and it Always Has Been

When I was much younger and new to the world of investment advising, I was very conscious of my age and lack of experience. Clients, all of whom were older than me – in some cases by 50 years – would come into my office at a small town bank, and they would recite the […]

Steady As She Goes

What a lousy week for the stock market. In case you were lucky enough to miss it, on Friday, the Dow and the S & P 500 dropped 3%, capping off an ugly four days. The market is down about 10% overall since the highs it hit in May. As advisors, we hate these times […]

SEI First Quarter Economic Update

The portfolio managers at SEI have published their economic update for the first quarter, focusing on the odd situation in the European bond market and the prospects for growth in the equity markets. SEI Economic Outlook 1st Quarter Summary SEI Economic Outlook 1st Quarter 2015 Full Report