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Vital Signs_Tab

Brief and colorful insights focused on major market trends.

2019 Q2 Vital Signs: Running in Place

Staying invested whether the markets are trending up, down, or staying flat is easier said than done. A diversified portfolio of managers who seek to deliver a smoother ride may help keep you from getting exercised about market gyrations.

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2019 Q1 Vital Signs: The Indexing Sugar Rush

We’ve recently experienced a market in which the rising tide of global central bank easing has lifted virtually all boats. With everything going up regardless of price or quality, has diversification through active management lost its sheen? The rolling returns for the S&P 500 Index provide a crystal-clear illustration of the reality of market cycles.

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2018 Q4 Vital Signs: End of an Era - 2018 in Perspective

2018 marked the first down year for the U.S. equity market since 2008. The 2009-2017 stretch ties as the longest annual winning streak in market history. Until the fourth quarter, markets were buoyant, but political instability at home and abroad, rising interest rates, and a potential growth slowdown rattled global markets. Other than cash, all asset classes ranged between flat and down.

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1,000 Words Tab

A picture is worth a thousand words. In each issue, we present one insight on a range of market, investment strategy, and behavioral topics. The 1000 Words Series is designed to provoke insightful and memorable conversations.

Are Better Days Ahead?

History has shown that double-digit losses in equities have tended to be followed by periods of above-average performance. Having already suffered the decline, investors may be well-advised to stick around for the recovery.

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1,000 Words - The Spinning World

A globally diversified portfolio is important for those seeking strong investment performance. Diversification, however, is only effective when an investor is willing to own markets that have fallen “behind.”

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1,000 Words - Roller Coasters

Following the intense volatility of the great crisis in 2008-09, the bull market was mostly smooth sailing for a decade. The ebb and flow of volatility fits a broad historical pattern going back many decades. We do not know where the market will be tomorrow, next year, or next decade. Even so, investors should be respectful of long-standing market rhythms.

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1,000 Words - Odds Are

Trying to pick the best times to be in the market and when to be out is known as market timing. Unfortunately, trying to time the market to miss the lows means missing the highs too.

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Market leadership changes from year to year and predicting the winning style is impossible. These tables highlight the importance of diversification.

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