JOEL GOODMAN, CFA
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2024 Market Commentary - Bull vs. Bear
Like most investors, we were pleasantly surprised by the resilience of the economy and performance of the markets in 2023. A year ago, 80% of macroeconomists were predicting a recession for 2023, and investor sentiment was decidedly bearish following the poor performance for stocks in 2022, their...
Understanding the Laws That Protect Your Assets
The failure of First Republic Bankthis week marked the third major bank collapse in the past two months, following the demise of Silicon Valley Bankand Signature Bank in March. Combined, these three institutions had roughly $530 billion in assets and represented the largest bank failures since...
2023 Market Commentary: Bear vs. Bull
Like most investors, we are glad to view 2022 out of our rearview mirror. Last year, U.S. equities had their first annual decline since 2018 and their worst return since 2008. Fixed income was just as dismal and had its poorest performance in the last 50 years. The S&P 500 and U.S. Aggregate bond...
Market Commentary – A Fed in Transition
It has been a difficult start for the market in 2022 for both stocks and bonds. Certainly, a pause in performance wasn’t unexpected as the market has compounded at about 14% for the trailing three, five, and ten-year periods. We entered the year mindful of the risks of inflation on profit margins...
The Importance of Getting on the Same Financial Page as Your Spouse
I’m currently preparing to become an empty nester and recently lost my father-in-law. As a result, I’m thinking about the future and reflecting upon my own mortality, even more so than usual. Whether you’re dealing with the loss of a loved one, children moving on to college, or other landmark...
Keep an Eye on Proposed Tax Changes to Fund U.S. Economic Stimulus Plans
The fiscal stimulus train in Washington has continued to move forward. To date, Congress has passed several stimulus plans totaling an eye-popping $5 trillion to help mitigate the negative financial impact of the pandemic on Americans from coast to coast.
Why the Dow and S&P 500 Don’t Tell the Whole Story
At the end of August, ExxonMobil, Pfizer, and Raytheon Technologies were replaced in the Dow Jones Industrial Average by Salesforce.com, Amgen and Honeywell International.
Stock Market vs. Economy
Between a double-digit unemployment rate, sputtering economic activity, and a pandemic that has now taken the lives of more than 120,000 people in the United States, there was plenty to be worried about as equity markets plummeted in the month of March. And after the S&P 500 declined by more than...
5 Ways to Ease the Transition Before and After Retirement
You’ve worked hard your entire career, creating an exceptional track record at work and building a successful, fulfilling life for your family. Retirement is on the horizon – or, perhaps, it’s already here.
Living with Uncertainty and Volatility
Over the past twenty-five years, the internet has profoundly changed many facets of our lives. And the pace of change has accelerated in the past decade with the proliferation of internet-connected mobile devices. Billions of people worldwide now have access to a wealth of knowledge. It’s a...