Unpopular opinions in the face of a bear market
Recently I had the honor of presenting at the 36th Private Wealth Management Summit. My audience was a few hundred-ish other investment advisors. The event was described as “an invitation-only, premium summit bringing leading private wealth management investors and innovative fund managers and consultants together.” Although I was given the role of advising other advisors, I…
By Allen Harris
June 22, 2022
Turning lemon returns into lemonade in the S&P 500
From Point A to Point B, the S&P 500 stock market index is essentially flat from roughly one year ago. That’s the good news. I mean, it ain’t great news, but that still leaves the index up about 35% from two years ago. But still … ugh! The S&P 500 stock market is off to…
By Allen Harris
May 20, 2022
Stock Market vs. Fed Rate Hikes in Volatile Market | Investor Pains
On June 15, 2022, the Federal Reserve’s Open Market Committee (FOMC) raised the federal funds rate to 1.65 percent. They vowed to “undertake open market operations as necessary to maintain the federal funds rate in a target range of 1.5-to-1.75 percent.” Let’s call it 1.75 percent for today’s discussion, which is in line with the…
By Allen Harris
June 27, 2022