Rockbridge Institutional – January 2023 Market Review
Stocks Stocks continued to climb in January, with small company and non-domestic stocks earning between 8% and 10% leading the way. Domestic large cap stocks (S&P 500) returned 6% for the month somewhat less than other markets, which is a change from recent history. A globally diversified stock portfolio was up 8% for the month […]
Rockbridge Institutional – December 2022 Market Review
2022 in the Rear View Mirror Inflation, the Fed’s response and rising interest rates, a sharp falloff in stock and bond prices, uncertainty of a looming recession and Cryptocurrency implosion were all part of the investment landscape in 2022. Although we don’t know what’s ahead, glad this year is behind us. Inflation and Interest Rates […]
Secure Act 2.0 – Business Owners
Earlier this week we put out a summary of some of the changes that individual investors should be thinking about as a result of Secure Act 2.0 going into law. This article focuses on the changes that we think will be impactful to business owners going forward: 1) Small Business 401(k) Credits: For businesses with […]
Secure Act 2.0 – Individuals
Just before the close of 2022, Congress passed a $1.7 trillion government spending bill. Within that 4,000+ page document was Secure Act 2.0, which introduced ~90 new provisions regarding retirement savings. We’re tracking the details of this bill as additional information becomes available, but here are some of the highlights for individual investors: 1) New […]
Rockbridge Institutional – November 2022 Market Review
MARKET COMMENTARY Stocks After this week’s ups and downs, stocks ended November up nicely – international and emerging market stocks leading the way earning 11% and 15%, respectively. While not as robust, domestic large cap markets were up 6% and small-company markets returned 2%. These results bring the quarter-to-date returns to 14% for domestic markets, […]
Interest Rate Outlook – November 2022
In early November, the Fed raised interest rates by 75 bps, marking the sixth rate hike since March 17th, 2022, and four consecutive .75 bps increases. This puts the Fed Funds rate (the short-term rate guiding overnight lending) up to a range of 3.75% to 4.00%, pushing borrowing costs to a new high since 2008. […]
Six Financial Best Practices for Year-End 2022
To say the least, there’s been plenty of political, financial, and economic activity this year—from rising interest rates to elevated inflation, to ongoing market turmoil. How will all the excitement translate into annual performance in our investment portfolios? Markets often deliver their best returns just when we’re most discouraged. So, who knows! While we wait […]
Rockbridge Institutional – October 2022 Market Review
MARKET COMMENTARY Stocks Except for emerging markets, stocks were up in October. Domestic markets led the way – large cap (S&P 500) up 9%; small cap (Russell 2000) up 11%. International developed markets (EAFE Index) were up 5%, while emerging markets (MSCI Index) were off 3% due to sharply negative results in China. While uncertainty […]
Consumer Sentiment Vs Market Returns
It’s safe to say that both, market prices and investor confidence have taken a hit since the start of the year. Heading into 2022, we had experienced three years of S&P 500 performance averaging over 20% annually- not to mention this was all while dealing with a global pandemic. Since then, the S&P 500 has […]
Capital Market Activity (September, 2022)
August saw significant up and downs in stock returns. In the first half of the month a global stock portfolio was up about 3%, then dropped 6% to a loss of almost 3% after Fed Chairman Powell publicly reaffirm its commitment to increasing interest rates until inflation is in check. Domestic large cap equities were […]
