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2023 4th Quarter Investment Commentary

By Matt Hargreaves / January 17, 2024 / Comments Off on 2023 4th Quarter Investment Commentary

 Stocks ended the year on a nine-week winning streak, as the S&P 500 TR Index erased all the losses in 2022 reaching new all-time highs during the quarter. The year-end rally in stocks was one of the strongest ever and was based on the expectations of a Fed policy rate change and expectations of…

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2023 3rd Quarter Investment Commentary

By Matt Hargreaves / October 17, 2023 / Comments Off on 2023 3rd Quarter Investment Commentary

 After a strong first half, stocks, as measured by the S&P 500 TR, pulled back during a historically weak third quarter. Economic data continued to be stronger than expected and even showed signs of accelerating. This, amongst other factors, caused long term bond yields to increase significantly during the quarter. We ended the quarter…

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Does It Still Make Sense to Hold I-Bonds?

By Matt Hargreaves / August 17, 2023 / Comments Off on Does It Still Make Sense to Hold I-Bonds?

Last year we wrote a blog on Series I Savings bonds, also known as I-Bonds. At the time, they offered an appealing interest rate of 9.62% due to the high inflation rate. We wrote, “If you have extra cash on the sidelines over your rainy-day fund, consider purchasing I-Bonds to help your money keep up…

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Debt Ceiling: Should Investors Worry?

By Matt Hargreaves / May 18, 2023 / Comments Off on Debt Ceiling: Should Investors Worry?

The U.S. debt limit – commonly called the debt ceiling – is the total amount of money that the U.S. government is authorized to borrow. When the debt limit is reached, the government can no longer borrow money to cover its obligations. Congress has raised or suspended the debt ceiling over one hundred times since…

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2023 1st Quarter Investment Commentary

By Matt Hargreaves / April 14, 2023 / Comments Off on 2023 1st Quarter Investment Commentary

Stocks, as measured by the S&P 500, rose for the second quarter in a row but remain in a year-long trading range. The second largest bank failure in U.S. history quickly changed bond yields. Markets were priced for interest rate cuts by the end of 2023. The dramatic change in interest rate expectations caused a…

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Saving, budgetting, credit

Bank Update

By Matt Hargreaves / March 15, 2023 / Comments Off on Bank Update

In light of recent events in the banking sector, we wanted to provide a recap and an overview of the impact to your accounts. Financial markets shook last week as Silicon Valley Bank (SVB), the California bank subsidiary of SVB Financial Group (SIVB), fell into FDIC receivership. SVB is the first FDIC-insured institution to fail…

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Market Update: February 2023

By Matt Hargreaves / February 16, 2023 / Comments Off on Market Update: February 2023

It’s been an encouraging start to the year after a challenging 2022. Falling inflation, interest rates, and decent earnings have provided fuel for a nice market run to start the year. The S&P 500 is up over 8% this year and up over 15% since it bottomed in October 2022. Bonds (1) are up over…

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A Stark Contrast

Client Question of the Month: Why do I still own bonds when their returns have been negative?

By Matt Hargreaves / November 16, 2022 / Comments Off on Client Question of the Month: Why do I still own bonds when their returns have been negative?

Bonds historically have helped stabilize portfolios when markets—particularly stock markets—grow volatile. The US bond market has recorded positive returns, before inflation, in all but four years since 1976. High-quality bonds, in particular, have typically held their value when stocks have endured their worst periods of performance. 2022 has been an outlier – bonds haven’t stabilized…

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2022 3rd Quarter Investment Commentary

By Matt Hargreaves / October 13, 2022 / Comments Off on 2022 3rd Quarter Investment Commentary

The macroeconomic factors of rising interest rates and stubborn inflation remained chief concerns and weighed down both stocks and bonds. Despite a strong employment picture, economic data continued to moderate, and markets priced in a rising risk of recession in 2023. Stocks ended the quarter at reasonable valuations and bond yields were at their highest…

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What Should you do when there’s Market Volatility?

By Matt Hargreaves / August 12, 2022 / Comments Off on What Should you do when there’s Market Volatility?

During this time of market volatility, we want to share the things we are doing and some things that you can do to help ease your worries. Rebalancing your portfolio. Volatile times can lead to rebalancing opportunities. Market changes can skew your allocation from its original target. We may rebalance your portfolio by selling positions…

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