An Important Message For Our Clients
Fraud has become a big business, and no person is immune. Read below for 10 actionable steps you can take to help protect your accounts.
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Fraud has become a big business, and no person is immune. Read below for 10 actionable steps you can take to help protect your accounts.
This newsletter updates you on current trends and news related to the first quarter of 2023.
Positive price momentum continued through November, with markets rallying on better than
expected inflation data.
Markets rallied strongly during October, driven in part by a new policy “pivot” narrative which revolved around the potential slowdown in the pace of rate hikes being implemented by the Federal Reserve (Fed).
The most recent quarter (September-end) witnessed losses across asset classes and, therefore, client accounts. In our previous quarterly newsletter (June-end), we wrote that “there was no place to hide”, which, unfortunately, succinctly summed up the latest quarterly experience as well.
Markets entered August in rebound mode but reversed course to end the month in negative territory after a hawkish Federal Reserve (Fed) weighed on performance.
July provided relief across many asset classes as a sizable late month bounce, in large part triggered by the market’s view for potential slowing in the pace of future rate hikes by the Federal Reserve (Fed).
There was nowhere to hide during the June quarter. Stocks and bonds both experienced painful
declines.
Markets roundtripped during May as key benchmarks flirted with “bear market” territory –defined as any peak-to-trough drawdown of 20% or more – with most market segments clawing back to close out the month broadly unchanged.
Senior Client Associate
Senior Client Associate
Email or Call: 540-433-3076