CNBC - Hank Smith, Co-Chief Investment Officer, told CNBC, "bull markets ... don't die because of geopolitical or exogenous events. They die and cede to a bear market almost always in anticipation of a recession." Click to view clip
CNN Money - "Trump is still bullish," explained Hank Smith, Co-Chief Investment Officer at Haverford Trust, "because he thinks earnings should be able to grow at a healthy pace if he does wind up having a pro-business agenda." Read More
Last Week: S. equities finished positive for the week: The Dow Jones Industrial Average (DJIA) closed 201 points higher, or rose 1.0%, to 19,964. The Standard & Poor's 500 (S&P 500) index gained 38 points, or rose 1.7%, to 2,277. The Nasdaq closed last week 2.6% higher at 5,521. S. payrolls gain: In December, U.S. [...]
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We are excited to announce that Inside Golf, an award winning weekly magazine-style show hosted by longtime KYW News Radio anchor Harry Donohue, aired a special 1-hour edition featuring the Haverford Philadelphia PGA Classic. The crew was onsite last month capturing all of the action from Sunnybrook. This special is a tremendous opportunity to showcase [...]
Markets worldwide have fallen significantly in the wake of the U.K.'s vote to leave the European Union. This is obviously a very fluid situation, but we wanted to reach out this morning to share our initial thoughts. The vote to leave the E.U. was a surprise. In fact, stock markets across the world rose in [...]