To quote Axl Rose, “All we need is just a little patience.” Or in the case of the fourth quarter, a whole lot of it. The trifecta of weakening global growth from trade tariffs, hawkish statements from the Fed, and government shutdown created a storm so bleak that even Rudolph couldn’t guide Santa’s sleigh to […]
Uplift
October Market Insight – Your Wealth Uplift Update
“History doesn’t repeat itself, but it does rhyme.” – Mark Twain Volatility appears in vogue again. Third quarter results were very positive and had a nice steady climb for investors. Unfortunately for the second time this year, investors are seeing their gains for the year swept away by headline news and uncertainty of future growth. […]
July Market Insight – Your Wealth Uplift Update
“May you live in interesting times”, while often referred to as a Chinese curse, it doesn’t appear an authentic Chinese saying.[1] Regardless of the source, we may very well live in interesting times. Then again, maybe it is always interesting. Friends are foes, foes are friends, trade deals are on, trade deals are off. The […]
April Market Insight – Your Wealth Uplift Update
When the calendar turned the page to 2018, did you think you would be boarding a rollercoaster ride in 2018? That might be what the financial markets have felt like thus far for those following it. We shot off like a rocket ship the first three weeks of the year, sold off into mid-February, then […]
February Market Insight – Your Wealth Uplift Update
It looks like the U.S. stock market may finally get something that happens, on average, about once a year: a 10+% percent drop, the definition of a market correction. The last time this happened was a whopper, the Great Recession dropped many U.S. stocks by over 50% in some cases. People today probably think corrections […]