The S&P 500 posted a 10.6% advance in the first quarter of 2024, marking the index’s strongest start of the year since 2019. The quarter also saw 22 record-high closes, a feat not seen since 1998. While the capitalization-weighted return continued to outpace the returns of the equal-weighted average stock (11% vs. 8%). Stock prices Read More →
The “Wealth Effect” Maxine Cuffe, CFA, Vice President & Director of Global Strategies As the stock market continued to reach new highs last week, the Federal Reserve is facing a new challenge in their fight to rein in inflation. The “Wealth Effect” is an economic theory that says consumers feel more confident and tend Read More →
Gina Parissi, CFP® Senior Wealth Planner As we welcome the arrival of spring and look forward to longer days ahead, New Year’s resolutions are likely long forgotten, if they were made at all. While you may not have stepped foot into the gym, or scratched the surface of a reading list, it’s never too Read More →
There is Value in Dividend Growers Dividend paying stocks significantly underperformed the broader markets in 2023. The S&P Dividend Growers Index[1] returned a respectable 14% on an absolute basis, which paled in comparison to the S&P 500’s 26% return. Based on these returns, you may have expected to see a large fundamental divide between Read More →
Haverford's research and executive leaders analyze the current market landscape, outlining key expectations for 2024, and Chairman & CEO Joe McLaughlin shares his Haverford State of the Union. Our expert team explores the previously projected recession, market dynamics, and fiscal and monetary policy. They provide valuable insights into consumer behavior and inflation trends, as Read More →
As we approach the end of the year, it is the opportune time to review your personal wealth picture, strategically plan for the future, and make any last-minute contributions or financial moves before year-end deadlines. From thinking about your investment strategy, to estate, retirement, and tax planning, each element is a vital part of Read More →
Happy Thanksgiving The markets have been given a genuine reason to be thankful due to a handful of benign economic data points following a less than stellar third quarter earnings season. Almost everywhere we look, we see prices dropping. Oil prices are down over 20% from their recent peak. Producer prices are falling, and Read More →
Confidence Amidst Uncertainty By Tim Hoyle “A range of uncertainties, both old and new, complicate our task of balancing the risk of tightening monetary policy too much against the risk of tightening too little,” Federal Reserve Chairman Jerome Powell at the Economic Club of New York. Thursday, October 19th, 2023 Jay Powell’s remarks in Read More →
By: Tim Hoyle, CFA, Chief Investment Officer Markets suffered losses in the third quarter as investors navigated a series of incrementally negative economic data points[1] and rising bond market yields. The yield on the benchmark 10-year U.S. Treasury note rose by 80 basis points during the 3rd quarter to yield more than 4.6%, a Read More →
Thomas Bayer, Jr., CFP®, MT Senior Wealth Planner One of the greatest gifts or legacies you can provide to your loved ones is the gift of education. Such a gift not only provides them with the tools to succeed, but you’re also investing in a better future for your heirs. While seeking a higher Read More →
