Volatility – When to be Nervous and When to be Calm

November 9, 2015 5:25 pm

Now that the August/September swoon has passed and the markets have recovered their swagger, I can talk about volatility without sounding alarmist. Volatility is simply the relative rate of price change, meaning how far the price of an asset moves from a particular reference point. Volatility can be low (small moves) or high (dramatic moves) […]

Big Announcements to Social Security and Medicare-What They May Mean for You

October 16, 2015 2:08 pm

If you’re retired, and have started to collect Social Security you may want to skip this week’s news and go out and enjoy the fall weather that has arrived in New England. In the news are two announcements that can and will affect retirees- specifically those who collect Social Security and/or Medicare. Changes to Social […]

Mixed Messages and the Q4 Stock Market

October 5, 2015 3:29 pm

Talk about mixed messages! First there is the economy itself. For most of the year, the data has been positive (housing, labor, consumer spending, credit availability, inflation, etc.). However, it is not unusual for a negative indicator to be released alongside a positive one, throwing doubt as to the direction or pace of the recovery. […]

Our Take on the Fed Decision – Timing is All

September 21, 2015 2:34 pm

“Lower for longer,” the adage for the Federal Reserve, was interpreted as “lower for much longer” after last week’s decision to hold rates steady. I heard James Bullard, President and CEO of the Federal Reserve Bank of St. Louis, clarify this morning that the Fed wants to follow the doctrine of “Go early; go gradually.” […]

Misguided Financial Advice

August 12, 2015 2:01 pm

Last week, one of the most popular articles seen on a variety of investing and financial websites was built around a pithy quote from Jack Bogle, the founder of Vanguard, and his “Surprising Retirement Advice.” The crux of the article (http://time.com/money/3983178/vanguard-founder-jack-bogle-retirement-advice/) is that as investors are saving for retirement, he believes you should resist the […]

Pessimism and Warning Signs

August 3, 2015 2:00 pm

Investor sentiment is lousy right now. The AAII (American Association of Individual Investors) is reporting pessimism is at a two year high; the week of July 15th saw the biggest outflows from US equities since 2011 (Citigroup); money manager bears outnumber bulls when it comes to the price of gold for the first time in […]