What follows is a hypothetical conversation in response to the question, “When will the markets go back up?” “Are we there yet?” No. “Do you mean we aren’t at the bottom yet?” Quite possibly. “Or that we aren’t ready for the next turnaround?” That, too. “How long will the bear market last?” That depends, but the average cyclical bear lasts...
The recent market rally inspired several calls from clients asking whether it is time to invest money again, after a bruising first half of the year. With the past week seeing stocks retreat off their recent highs, it is a good time to review how one should invest in unpredictable markets. The S&P reached its lows for the year on...
Humor me while I repeat myself. There are some points worth making more than once. Especially when it comes to inflation, recession, and the stock market. In my May 2, 2022 Blog, What’s Up with Current Market Volatility, I referenced the following: The Federal Reserve oversees the control of inflation. The key tools the Fed uses are raising interest rates...
Providence, Rhode Island, June 9, 2022 –StrategicPoint Investment Advisors announced today the promotion of Laura J. Bard to Director of Client Experience & Strategy. In this role, Laura will expand her responsibilities from her previous position as Marketing Manager. The role of Director of Client Experience and Strategy is a first for StrategicPoint and reflects the company’s commitment to delivering...
We are amid one of those nasty pullbacks, and this time there is no place for an investor to hide. April ended with the S&P 500 and the All World Country Index Ex US down 13% year to date, while the US aggregate bond index has fallen 9%. Commodities have been a bright spot, but a diversified portfolio can only...
Providence, Rhode Island, March 30, 2022 – In a move expected to provide long-term leadership continuity, StrategicPoint Investment Advisors announced today the promotion of Derek M. Amey to Co-Chief Investment Officer (CIO). In this role, Derek will further expand his responsibilities from his previous position of Portfolio Manager. Amey will continue to hold the responsibilities of Partner and Senior Financial...
For the vast majority of 2022 we believe the markets will be waiting and responding to everything the Fed does and everything the Fed says. The working assumption has been that we will see 3-4 rate hikes in 2022. To a certain extent that is already priced into the stock and bond market. As a sidebar, we do not think...
As financial advisors, we’re used to all the nuances and choices that retirees face when it comes to when and how to take their Required Minimum Distribution (RMD). However, for those retirees turning 72 this year who have never dealt with RMDs before, there can be a lot of items to consider beyond just “how and when do I take...
Looking for the return to normalcy in 2022? Expectations could be the key. 2021: the Economy, Americans, and the Markets During 2021 the economy continued its steep, rapid recovery from the deep, pandemic recession to an economy with close to 5% GDP growth and near full employment. Corporate profits soared, innovation and entrepreneurship accelerated, and business investment increased productivity. The...
Recently, StrategicPoint Partner and Senior Advisor Derek Amey was interviewed by Richard August on "State of the State", a public access television show produced in Rhode Island. Our recent podcast focusing on the current shortages in workers prompted Mr. August to invite Derek for a one-on-one interview about the popular topic. You can click here to view the interview on...
