Turbulent Times


With the Dow Jones Industrial Average swinging around seemingly 1,000 points at a time over the last several days, we’re mindful that investors haven’t seen this kind of volatility for some time.  Amplifying the stock market swings is the fact that 2017 saw a historic absence of volatility in the stock market with a fairly […]

CFP Board Certification


On December 7, 2017, culminating two years of arduous work, I became certified by the CFP Board of Standards. The credential comes with extensive training in financial planning, estate planning, insurance, investments, taxes, employee benefits and retirement planning, as well as in CFP Board’s strictly enforced Standards of Professional Conduct. The CFP® process involves five […]

Identity & Credit Defense


Recent revelations regarding the security breach of the credit reporting agency Equifax, more lately, the SEC, are indeed troubling.   These are organizations that should be impossible for hackers to penetrate. But, I suppose it’s worth sharing that I spent a few years early in my career as an analyst in a national bank’s fraud department […]

Dow 40,000?


That’s right… Dow 40,000.  Do we have your attention?  With the index having breached 20,000, it seems quite reasonable to begin talking about Dow 40,000, right?  After all, the market has largely been on a so-called “Trump rally” since the election, seemingly doing no wrong and heading toward the stratosphere.  Surely Dow 40,000 is right […]

Holiday Thoughts


As we close in on the Christmas holiday and the end of 2016, we’re reminded of  how much there is to be grateful for, even in the face of known concerns and uncertainties so vague we never even know they truly exist until they step out into the light. It’s been an extraordinary year. After […]

On Interest Rates, Déjà Vu


Twelve months ago, as our Winter-2015 newsletter went to “press,” markets were awaiting a mid-December meeting of the Federal Reserve, widely expected to deliver the first uptick in base interest rates in years.  And here we are again, anticipating the Fed’s mid-December confab.  The CME’s FedWatch tool reportedly is assigning about a 95% probability that […]

When The Unexpected Happens


Just as the world expected Britain to vote to remain in the European Union earlier this year, the unexpected may have happened again.  As of this writing, it appears as though Donald Trump may have pulled off the unexpected. As written earlier this week, the stock market tends to react negatively to uncertainty and more […]

Losing Streaks and Elections


As I began writing this last week, the headlines were pretty sensational lately, trumpeting the S&P 500’s 9-day losing streak through last Friday.  This has been the longest such stretch since 1980… the longest in 36 years!! There’s a difference, however, between a long losing streak and a bad losing streak.  Despite the length of […]

Brexit It Is


Since the fall of 2015, we’ve been anticipating volatility leading up to the June 23rd vote by the U.K. on whether to remain a part of the European Union, repeating this mantra even when markets experienced what seemed like an irrational fall in January of this year, seemingly in response to volatility in Chinese stock […]

Markets Await Decision by U.K. Voters on “Brexit”


At this writing, citizens of the United Kingdom (U.K.) are mulling over their June 23rd vote on continuing as part of the European Union (EU) or exiting that integral association. The EU is one of the largest economic unions in history. It joins 28 member nations in a landmark effort to facilitate freer cross-border movement […]