Tariffs, Market Volatility, And Your Portfolio

On March 1, President Trump announced that he would impose a 25% tariff on steel and 10% on aluminum, following a Commerce Department report that warned that reliance on imported steel was undermining American security. The announcement set off a 420 point drop in the Dow Jones on Thursday. There will be winners and losers […]

Can There Be A Bear Market When The Economy Is In Such Good Shape?

Given the recent volatility in equities, investors remain concerned about whether we are on the cusp of a bear market.  A recent report by Alejandra Grindal of Ned Davis Research examines whether we are likely to experience a bear market given the recent signs of a robust economy.  Her work suggests the global economy is […]

Market Pullbacks, Interest Rates and Recessions

The stock market has declined 5-10% 77 times in the last 70 years according to Ned Davis Research.  On average, it has taken one month to recover from these levels.  Market pullbacks happen, in normal times, with regular frequency.  We have been in abnormal times as the economy has gained firm footing and picked up […]