Market Commentary- April 2013
Market Commentary Stocks wrapped up a stellar first quarter with the S&P 500 finishing at an all-time high, besting its last high in October 2007. For the quarter, large-cap stocks (represented by the S&P 500) were up 10.6%. Small-cap stocks also did quite well, returning 12.4% in the first quarter. International markets had a positive […]
Market Commentary October 2012
The equity markets finished a very strong quarter in September, erasing the losses of the second quarter, and more, pushing returns solidly into double-digit territory for the year. If the S&P 500 could hold its 16% gain through the next quarter, it would be the third best annual result of the past decade, and above […]
Global Equity Valuations
The global equity markets continue to experience disappointing returns. In discussions with clients, my advice is a reminder that the research shows that developing a strategic asset allocation plan and staying the course through rebalancing is the prudent course of action. The European sovereign debt crisis is in its third year and continues to create […]
Investor Behavior: Market Timing Pitfalls
Dalbar, an independent communications and research firm, has done countless studies trying to quantify the impact of investor behavior on real-life returns. Their studies focus on the difference between investors’ actual returns in stock funds to the average return of the funds themselves. Basically, they are comparing the return the investor gets to the return […]