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, …

Spotlight on Sher

Catherine Blair Blog, Company Updates

Many of you have had the opportunity to speak with our Office Assistant, Sher Burckhalter, over the past two months since she joined Hillspring Financial. We couldn’t be happier to have her as part of our team and are pleased to announce the update to the “Who We Are” section of our website offering a bit of background on our …

A Welcome and a Farewell…

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Company Updates

It is truly a pleasure to introduce you to Sher Burckhalter, the newest member of Hillspring Financial, Inc.  Sher is highly-qualified for her new position as Office Assistant with a strong background in banking, customer service and sales.  Her professional experience partnered with her positive energy and affability make Sher an ideal fit for the Hillspring Financial family. As we …

What’s All This Volatility About?

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Market Fluctuations

August 25, 2015 Dear Clients: It has been an exciting week, to say the least.  Last week the S&P 500 was down 5.63% only to slide down another 5.9% yesterday.  This makes it an official correction as markets were down 10% or more. It is reminiscent of October 19, 1987 (Black Monday), when the Dow fell 22% in one day.  …

Second Quarter Economic Update – July 15, 2015

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

Second Quarter Performance As the quarter ended, Greece and China were making all the headlines.  Greece for their June 30th default on a debt payment to the International Monetary Fund and China for their very sharp short-term stock market decline and surprise interest rate cut.  And oh yea – Puerto Rico announced it would be unable to fully repay its …

Is The Market Growing Too Fast?

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

Since the last bear market reached bottom in March of 2009, the S&P 500 has roared back 179%. As Dr. David Kelly of J.P. Morgan points out, “with the exception of the bull markets that started in 1982 and 1987, this has been the strongest bull market since the late 1940s.” (J.P. Morgan Market Insights, May 13, 2014) The question …