As of today (July 14th), the U.S. stock market* is down a little more than 20 percent from its all-time high, having entered a bear market precisely one month ago. Bonds* are not faring well either, and they are down about 10 percent since the start of the year. Both...
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Are We There Yet?
Are We There Yet?
As we approach the dog days of summer, this timeless question from family road trip seems particularly appropriate. In today’s financial markets, we’re referring to the decline in virtually every asset class and asking, “are we at or near the bottom yet?” Before we...
Don’t Just Do Something, Stand There
We have been writing about it all year. The financial markets continue to digest a lot of news about the economy: some good and some not so good. As a result, volatility (both up and down) continues. Markets are very good at figuring out the prospects for growth and...
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