Are you nearsighted or farsighted? By: John H. Donaldson, CFA, Vice President & Director of Fixed Income The global economy has proven much stronger than most believed possible over the past several months, despite negative headlines and rumors of an impending recession. Strong U.S. jobs creation has supported consumer spending. Mild weather and reduced Read More →
Aleardi Succeeds Binney Wietlisbach, President of the Firm for 15 Years The Haverford Trust Company, a private firm providing investment management, trust and estate administration, private banking, wealth planning, investment solutions for nonprofits, and retirement plan services, announced today that Keith Aleardi has been appointed the firm’s President. Aleardi joins Haverford with more than Read More →
Tim Hoyle, CFA, Chief Investment Officer thoyle@haverfordquality.com Economic Data and Earnings Support the Market’s Rise Last week’s economic data releases underscore the continued resiliency of the U.S. economy. Quarterly GDP rose 2.9% on an annualized basis, while weekly jobless claims remain very low, and inflationary data points continue to ebb. Corporate earnings have thus Read More →
MarketWatch - The S&P 500 index has surged by 6% in January following a rocky decline in 2022. While it is rare to see back-to-back yearly declines in the S&P 500, just how much it will rise, and if it will make up for last year’s losses, remains up for debate. Head of Investment Strategy Read More →
Bloomberg Radio: Drive to Close - Hank Smith, Head of Investment Strategy, was recently featured on Bloomberg Radio where he discussed economic expectations for the coming year. Smith shared his thoughts on recent Fed policy to curb inflation stating that “we should have confidence that they are doing the right thing and that it will Read More →
Bryan Tracy, CFA, CFP® Vice President & Director of Wealth Planning Congress recently passed a bill that will make retirement saving more accessible for more Americans. The SECURE Act 2.0 builds on the SECURE Act, which was originally approved by Congress in 2019. The acronym SECURE stands for “Setting Every Community Up for Retirement Read More →
DELCO.TODAY - Haverford Head of Investment Strategy Hank Smith was recently featured in DELCO.TODAY following his appearance at the Philadelphia Business Journal Economic Forecast event. During the event, Smith joined other financial executives in the greater Philadelphia area to discuss predictions for 2023. Hank states that a recession in 2023 is likely, but “we think Read More →
Philadelphia Business Journal - Hank Smith, Head of Investment Strategy, participated in the Philadelphia Business Journal’s Economic Forecast event last week where he joined a panel of financial executives who weighed in on their thoughts about the state of the economy in 2023. Smith states that, “Even if we do go through a recession, even Read More →
Haverford executive, investment, and research leaders provided their broad perspectives about the market, the possibility of a recession, and what to expect in 2023 in our written Economic Outlook. We discuss these topics more fully, including reasons to be optimistic and opportunities for diversification, in several brief videos. Click below to read or watch Read More →
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