Be In The Know
An early look at the American Rescue Plan, a package intended to see America through the consequences of the Covid-19 pandemic. Details include:
Direct Payments
Unemployment Benefits
Housing Relief
Child Tax Credit
Earned Income Tax Credit
Child and Dependent Care Tax Credit
Small Business Funding
Investing anywhere but the U.S. has been a tough sell over the past several years as mega-cap technology stocks have driven the market higher.
History has shown that global equity leadership changes over time.
We see an opportunity for diversification in non-U.S. markets to benefit investors.
The Dow Jones Industrial Average will undergo a significant reconstitution as of August 31, 2020, adding three companies to replace departing constituents.
As a price-weighted index, decisions about Dow constituents are often driven in large part by company share prices.
The Dow’s price-weighting methodology and short list of mega-cap U.S. constituents means it is a poor benchmark for today’s increasingly accessible financial marketplace.
Financial markets are supposed to be efficient, but investor behavior is sometimes driven by greed or fear (not logic).
Investors often allocate the equity portion of their portfolios to domestic stocks, but unpredictable behavior and uncertain outcomes make it difficult to predict asset class performance.
Balancing risk exposures across the globe may reduce risk without reducing return —that’s why our strategies invest in global equities.
It’s been said many times that bull markets climb a wall of worry. Now, it appears that investors must learn to swim through waves of worry.
The first wave of the novel coronavirus continued to spread throughout the U.S., Mexico, South America, Central and Eastern Europe, India, the Middle East and Africa in the second quarter of 2020
On June 11, equity markets fell sharply, with declines in excess of 5% for the S&P 500 Index and Dow Jones Industrial Average.
While notable, the magnitude of these moves is rather ordinary and can be expected to occur throughout a long-term investor’s timeline.
When current conditions are taken into account, they are no surprise either.
