The S&P 500 has endured a tough performance run since Liberation Day on April 2nd, falling -5.4 percent. It was worse last week, down -12.0 percent (not including the intra-day lows), but recovered more than half of the losses. Less well known but still covered in the financial press is that bonds are having a hard time, too. Since Liberation Day, the Bloomberg Aggregate bond index has fallen by -1.9… Read More
We are pleased to provide a digital copy of Portfolio Insights, our quarterly newsletter. Table of Contents: Stock Market Summary Bond Market Review How do Tariffs Work? Inside the Economy Proactive Fraud Prevention The Big Picture Click here to read the issue: 1Q 2025 Portfolio Insights
When we meet with clients to create or review a financial plan, there’s a section where we try to get a sense of risk tolerance. We’ll show an asset allocation and its long-term expected return, and then, in big red numbers, what this portfolio would have lost in the 2008 financial crisis. We show it in percentage and dollar terms, based on the portfolio size at that time. The idea… Read More
