Afraid of a Stock Market Correction? Get a Plan
Lately it seems as if every client or potential client I see asks about the possibility of a looming market correction. Investors are loving these good times, but they're smart -- they know the market runs in cycles, and the good times can't last forever. The markets keep hitting record highs. We're in the second-longest bull run in history. And yet there's uncertainty, too, globally and...
The Supreme Court and Financial Markets
Documenting $140 billion of direct influence from the high court. President Donald Trump nominated Brett Kavanaugh to fill an open seat on the Supreme Court. And while the confirmation process has divided the country, there is very little conversation about the effects the Supreme Court has on the economy and the markets. But thanks to a group of academics, the impact of the Supreme Cour...
Anniversary of Lehman’s Collapse Reminds Us – Booms are Often Followed by Busts
Only a decade has passed since the collapse of Lehman Brothers, and it seems the mortgage crisis and subsequent Great Recession are already ancient history in the minds of many investors, bankers and regulators. All it took was a few short years of low default rates and good loan growth to re-create the kind of heady atmosphere of irrational exuberance that transforms staid bankers into ...
The Fiduciary Rule is Dead
But Clients Should Ask Their Advisor This Simple Yes or No Question Over the past year, investors have been receiving notifications about the U.S. Department of Labor’s fiduciary rule that would have impacted financial advisors and their clients. Simply stated, the DOL’s new “fiduciary duty” standard would have required financial professionals who receive compensation for transactions to...
