Our Perspective: The Wall Street Journal on The Importance of Global Diversification

The Wall Street Journal recently published an article by noted columnist Jason Zweig titled “The ‘Dumb’ Money Is Bailing on U.S. Stocks. That’s Smart. ” We want to call your attention to it, because, in our opinion, it deftly demonstrates the importance of global diversification, particularly when an individual market has demonstrated an extended period of out | Read More +

Insights: U.S. Stocks Gain, Foreign Assets Remain Pressured

Click here for a printable version of this post. Overview In June, U.S. stocks rose, but foreign stock indices again declined. Economic data in the U.S. continued to be strong, but political uncertainty abroad, particularly in Europe and in emerging market countries due in part to trade policy, rattled investors.  The Federal Reserve, as expected, | Read More +

Insights: Equities Still Sorting Through Policies and Politics

Click here for a printable PDF Overview In March, major U.S. and foreign stock indices moved down. The stability that seemed to have reappeared at the end of February gave way to increased volatility after the Federal Reserve ended its meeting on March 21. Although the Fed’s policy statement contained both dovish and hawkish elements, | Read More +

Our Perspective: The Value of Independence

Click here to print a PDF version of this post. Last week The Wall Street Journal reported that the probe into how Wells Fargo has systemically misled clients now extends to practices in its wealth management division.  Bloomberg recently reported that J.P. Morgan’s “failure to properly inform some…clients about conflicts of interest has resulted in a record $30 million | Read More +

Insights: Autumn Falls but Assets Rise Once Again in October

In October, U.S. and foreign equity prices moved higher yet again. On the month, the S&P 500 Index rose 2.33%, the MSCI All Country World ex-US Index was up 1.88%, and the MSCI Emerging Markets Index of stocks gained 3.51%.  Even core U.S. bond prices inched ahead. The broad Barclays Aggregate U.S. Bond Index tiptoed | Read More +

Insights: Foreign Stocks Accelerate Ahead in July

Stock prices moved higher in July, especially in developed and emerging markets outside the U.S. The broad, large-company S&P 500 Index rose 2.06%.  The MSCI Emerging Market Index gained nearly three times that, gaining 5.96%.  Core bond prices were modestly higher, and the U.S. 10-Year Treasury note ended the month with a yield largely unchanged | Read More +