Market Commentary from Ashley Vice, CFA, CFP®

Last quarter was unprecedented in many ways. Global economic activity basically stopped as the world sought to slow COVID-19 infections and protect the health care system by ‘flattening the curve’. The efforts seem to be working, with strong evidence that the worst of the contagion has passed. Virus-induced deaths will likely turn out to be…

Coronavirus Update – Part III

In investing, there are years when nothing happens and there are years when decades happen. 2020 will be one of the latter. At today’s close, the S&P 500 is down 29% from the February 19 highs. This is the sixteenth “bear market” in the modern era—defined as a decline of 20% or more from a…

Market Commentary from Ashley Vice, CFA, CFP®

Time to read: 8 minutes We’re starting the new decade amid a record economic expansion. While it hasn’t been a particularly strong expansion, it certainly has been durable. The widespread narrative this time last year was that without a trade deal with China, the economy and the market wouldn’t get traction. Clearly that was not true,…

The Financial Marathon

A Marathon for Everyone Recently, I went to cheer on a friend running in her first marathon. The excitement of watching thousands of people accomplish such an amazing goal was an experience like no other. I waited at the last bend before the finish line so I’d have a good vantage point for cheering my…