Assumed to be postulated by Aristotle, “horror vacui” roughly translates to “nature abhors a vacuum.” The financial market equivalent would be “horror incertae,” or “markets abhor uncertainty.”
Markets Abhor Uncertainty
Cole Interviewed by KXL Radio
COVID Economy
We have been closely monitoring the recent uptick in COVID-19 infections across the country and in Europe. The path of the virus is the most important factor in the economic recovery and the thing that we know the least about.
Wealth Management Insights: Ready, Set, Wait ...
Samantha Pahlow, CTFA, AWMA, discusses the proposed tax changes that could affect clients’ tax planning for 2021.
Humans Being
While retail investors continue to be focused on negative media headlines, stocks continue to climb the “wall of worry.”
Q4 2020 Mid-Quarter Investment Strategy Update
On October 20, our firm hosted a mid-quarter Investment Strategy Update webinar presented by Chief Investment Officer, George Hosfield, CFA, and Head of Fixed Income, Brad Houle, CFA.
Yield On, Yield Off
When the Federal Reserve cut their overnight policy rate by a total of 2.0 percent to the zero bound in the fourth quarter of 2008, few investors would have anticipated it would be another seven years before the Fed felt economic conditions warranted raising that policy rate by even one-quarter percent.
Wealth Management Strategy Fourth Quarter 2020: Ready, Set, Wait ...
Sector Spotlight: Technology
Making Sense of the (Un)Employment Picture
Each week our Investment Policy Committee meets to review asset allocation and our outlook for the economy and global markets. We have a standard book of economic charts that we review to determine the health of the economy and what is transpiring around the world and many of these indicators go back decades.
Should Low Interest Rates Alter When to Claim Social Security?
“Where will I generate cash flow in today’s low interest rate environment?” This is a question that many retirees are now facing as they consider how to effectively manage their income in the current era of extremely low interest rates. One answer could be making a strategic decision about when to claim your Social Security benefits.
Lago Quoted in Forbes on the Topic of Giving with Impact
Forbes published an article titled, “Insightful Investing: Giving with Impact.” In it, our colleague, Mary Lago, CFP®, CTFA, shares the fulfillment she experiences when guiding clients toward philanthropy that’s aligned with their values.
Fourth Quarter 2020 Investment Strategy Video: (I Can't Get No) Satisfaction
Chief Investment Officer George Hosfield, CFA, presents the Investment Strategy Update for the fourth quarter of 2020 titled (I Can't Get No) Satisfaction.
The Future of ESG Webinar Recording
A recording of the webinar we hosted on October 1, 2020, titled The Future of ESG: Through a Quantitative and Qualitative Lens.
Seasons of Change
For many, 2020 has been a year to forget. Headlined by the COVID-19 pandemic and the ensuing global response, stimulus from central banks and governments has helped limit the damage, as the U.S. economy has now experienced its shortest and steepest recession ever.
Frankel Interviewed by KXL Radio
Mary Lago on KOIN's Wallet Wednesday
Our colleague, Mary Lago, CFP, CTFA, appeared on Portland’s KOIN’s Wallet Wednesday and discussed the financial fallout for those affected by wildfires.
Wealth Management Insights Fourth Quarter 2020
As we enter the fourth quarter of 2020, we face significantly different tax policy proposals from our presidential candidates. Developing a comprehensive gift, estate and income tax strategy in concert with your tax and legal advisors, but waiting until after the outcome of the election, may be prudent.
Market Letter Fourth Quarter 2020
Despite the technology-led gains of U.S. equities so far this year, uneasiness abounds as the world adjusts to life with COVID-19. While roughly half the jobs lost to this year’s steep and short recession have already been recouped, many investors fear the day when the bill for massive stimulus comes due.
September Effect
For the fourth consecutive week, stocks posted negative returns with the S&P 500 trading near 3,220 for most of this week. Market technicians would view this as a technical support level or a base from which the market can work. At the current levels, the market can consolidate and take a breath to prepare for what is next.