Macro Overview

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Dow Jones, President Trump, US Overview

Macro Overview February 2017 A change in sentiment was prevalent throughout the markets as new rules and regulatory reversals began to take effect. Volatility rose as markets tried to discern President Trump’s policies. Equity markets propelled to new highs in January as optimism fueled U.S. equities, sending the Dow Jones Industrial Average to a new milestone level of 20,000. The …

Trump Tax Proposals – Fiscal Policy

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Fiscal Policy, Tax Proposals, Taxes

A new presidency usually brings the promise and hope of a more efficient government, lower taxes and a simpler approach.  With a new administration now in place, the pursuit of these ideals is in play.  Trump’s proposals aim to simplify taxes by reducing the number of brackets from the current seven, to three. Some argue that this simplification may actually …

Economic Update – 1st Quarter 2017

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Economic Update

The year 2016 has been a very interesting year on the economic front.  (Not to mention, on the political front.)  It began with a steep double-digit plunge in stock markets in January and into February and ended with a six-week market rally following the election. Equities Overall, global stocks performed reasonably well. U.S. stocks again took the lead, with larger-cap …

Stock Indices Reach New Highs – Domestic Equity Overview

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Dow Jones, Market Fluctuations, S&P 500, Stock Indices, Stocks

Although there will always be reasons to be cautious and diversified in our investment portfolios, there are many reasons to be optimistic right now. Many analysts believe that the stock market rally following Trump’s election reflects the expectations of a new era of fiscal stimulus. Both economists and analysts agree that the Fed has basically exhausted all of its stimulus …

Investing in Precious Metals

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Client Education, Investing, Precious Metals

Investing in Precious Metals November 11, 2016 With the constant barrage of commercials, talk-show hosts and unsolicited emails etc. touting the virtues of investing in gold or silver, we are often asked whether it would make sense for them. The question we have to ask ourselves is what would be the purpose of our investment in precious metals.  First of …

Economic Update – 3rd Quarter 2016

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Economic Update

  Dear Clients, Friends and Associates; Though September was a little slow, we did end up with a decent quarter for growth.  Most of the domestic stock indexes were up over 4%.  International stock indexes were typically up over 6% and emerging markets indexes were up over 8%.  Total bond indexes were basically flat to slightly negative.  Yield on the …

New Sector Joining S&P 500 Index – Equity Markets Update

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Equity Markets, Global Industry Classification Standard, REITs, S&P 500

For the first time since the launch of Global Industry Classification Standard (GICS) in 1999, a new headline sector has been added to the S&P 500 Index.  Equity REITs was added as the 11th sector by MSCI and S&P Dow Jones as part of their annual index rebalancing on September 16, 2016.  This designation as a standalone class shows the …

OPEC Pumps Up Oil Production – Oil Industry Update

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Energy Markets, Oil Prices, Oil Production

As oil prices rebounded throughout May and June, drillers revived idle rigs at the prospect of catching higher prices as they evolved. Unfortunately, the upswing in production and drilling was accompanied by growing supplies and less consumption, thus resulting in a supply glut. As a group, OPEC represents the world’s largest producer of oil, with Saudi Arabia being the single …

Economic Update – Jan 11 2016

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Economic Update

  As *Jeremy Siegel says, “There is no way to sugarcoat the beginning of this year”.   As you may be aware from all the headlines, the major culprits for some time, have been the economic conditions in China, along with the unprecedented drop in oil prices.  Bejing continues to be overly active in efforts to control their economic conditions from …

What’s Up With Emerging Markets?

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Blog, Client Education

Many of you may agree that any exposure to Emerging Markets has continued to disappoint. However, this is not the time to diversify away from this sector of the market; in fact, quite the opposite is true. We need to keep in mind that ultimate success in long-term investing really boils down to the fundamental factors at work. For instance, …