Banks have entered this current period of economic pressure from a place of strength in terms of capital and liquidity positions. In this HaverCast, Senior Research Analysts Maxine Cuffe and Halie O’Shea talk about measures put in place by the Federal Reserve after the Great Recession of 2008 and discuss recent industry trends impacting [...]
The Haverford Speaker Series for Women® crafted a three-part series addressing some of the important questions you should be asking yourself in light of the COVID-19 related market volatility and economic uncertainties. In the first part of this webcast series, our speakers address the topic of cash needs during volatile times. Parts 2 and [...]
June 30, 2020 Haverford Trust Financial Planning Team COVID-19 has shocked our personal lives and the economy, and it has resulted in important actions including the passing of the CARES Act and the on-going commitment of the Federal Reserve to keep interest rates at historically low levels. This combination of factors presents an optimal opportunity [...]
As the first half of 2020 comes to a close, Co-Chief Investment Officer Tim Hoyle previews topics that will be discussed in Haverford's upcoming Midsummer Outlook.
Author and historian Dr. Caitlin Fitz will discuss her award-winning first book, Our Sister Republics: The United States in an Age of American Revolutions, on Tuesday, June 30 at 6 p.m. The virtual conversation with Museum of the American Revolution President and CEO Dr. R. Scott Stephenson is part of the Museum’s popular Read the Revolution Speaker Series sponsored [...]
Tim Hoyle, CFA, Co-Chief Investment Officer firstname.lastname@example.org Retail Therapy and The Great Lockdown During last week’s trading, the S&P 500 recovered half its losses following Chairman Jerome Powell’s June 10th press conference. This market’s resiliency is beyond compare relative to anything we have seen in our investment careers. Following the quickest bear market and [...]
Fox Business–"'He who has the gold, rules.' Meaning, if you borrow money from someone – a person or an entity – they get to make up the rules. If you have your own money, you don't need to answer to anyone else.” Binney Wietlisbach, President, shared this advice with Fox Business in a Father’s Day [...]
Earlier this week, U.S. retail sales were reported for the month of May, indicating the biggest month over month increase ever. The sequential improvement is encouraging, and in this HaverCast, Senior Research Analysts Halie O’Shea and Maxine Cuffe look into the underlying drivers.
Tim Hoyle, CFA, Co-Chief Investment Officer email@example.com Powell, Pandemics, & Politics As of Monday morning, markets are adding to last week’s decline. We attribute this sell-off to Chairman Powell’s comments on Wednesday afternoon, the resurgence of Pandemic concerns, and Politics. Following last week’s FOMC meeting, Jerome Powell held a press conference to provide both [...]
Earlier this week, Federal Reserve officials projected that there will not be any rate increases through 2022. John Donaldson, Director of Fixed Income, joined Co-Chief Investment Officer Tim Hoyle for a discussion about this week's Federal Open Market Committee meeting, the state of the Federal Funds rate, and implications on rates along the maturity [...]