When Good News is Bad News

by Mark Chandik | Sep 19, 2022

When Good News is Bad News The National Bureau of Economic Research called the economic expansion of the 2010s the longest on record. Its records go back to the 1850s. For much of the decade, good economic news was good news for investors. Stocks performed well...

Quarterly Market Summary and Outlook – July 2022

by Mark Chandik | Aug 2, 2022

The U.S. economy remains on stable footing, supported by a strong labor market, healthy balance sheets, and solid consumer spending. However, persistently high inflation, a tighter Federal Reserve (Fed), a decline in business, and confidence present downside...

FDP Special Market Commentary

by | Jul 9, 2020

WHAT ARE BEHAVIORAL BIASES AND HOW THEY HURT YOUR INVESTMENT RETURNS Do you think that you make sound and thoughtful investment decisions? How about in times of high volatility and stress? Do you feel the pain of loss more than the joy of gain? Behavioral Finance and...

Quarterly Market Summary and Outlook – April 2020

by admin | Apr 23, 2020

The COVID-19 Recession and the Policy Response The year began on a firm footing. Economic growth appeared to be accelerating and job growth was strong. Coupled with low interest rates and forecasts for accelerating profit growth, stocks repeatedly hit new highs. At...

Quarterly Market Summary and Outlook – January 2020

by admin | Jan 30, 2020

A Decade Year, A Banner Decade The decade began under a dark cloud. The U.S. was climbing out of the Great Recession, and many wondered whether the economy might flounder for years. However, as investment legend Warren Buffett likes to say, “Never bet against...

Quarterly Market Summary and Outlook – October 2019

by admin | Nov 5, 2019

Trade Headlines and the Federal Reserve Every major stock index we follow has the same quarterly pattern for 2019: a sensationally strong Q1, a significant slowdown in Q2, and even slower Q3 returns. Investor concerns about trade wars, slowing GDP, ineffective Central...