It was a breathtakingly volatile week in the equity market, even more remarkably so for the paucity of reasons for the wild fluctuations. A host of explanations were given, yet none were satisfying.
Rumors have emerged suggesting that the President has looked into the possibility of firing Jay Powell as Fed Chair, which raises many questions.
Dr. Charles Lieberman, ACM’s Chief Investment Officer, talks with ACM Senior Economic advisor Alan Greenspan after he was poorly misquoted in the media yesterday.
Harvesting losses on an annual basis is a prudent strategy that we employ and where we have more flexibility than other money managers because we focus on buying individual securities. In addition to harvesting losses, recognize that managing your gains is part of investing (rebalancing). The value of continuing to defer capital gains taxes is not as great as it seems.
Investors will receive three key pieces of information from this week’s Fed meeting. These pieces of information will hopefully help investors to understand better the Fed’s thoughts on interest rates as we head into 2019.
An economic slowdown might actually extend the life of the expansion and the bull market in equities.
While most of this year’s equity gains have once again been wiped away, it’s especially important for you to make certain that your investment portfolio is aligned with your risk tolerance.
Investors know at some level that market corrections, like the two in the S&P 500 this year, are a normal part of market behavior. They happen. They are temporary. But investors may not realize just how quickly the market fully recovers.
Britain’s exit from the European Union is approaching the two-year deadline to define the new terms of a Britain/Europe relationship. While the lack of a deal could end Theresa May’s stint as Prime Minister, as well as cause significant disruptions to EU stocks, betting on a particular political result is not part of our investment strategy.