Josh Giacalone, Corporate Sustainability Analyst jgiacalone@haverfordquality.com The 2024 election cycle has had no shortage of surprises. With Election Day still more than 15 weeks away, the news that President Biden has withdrawn from the race may not be the last shock voters will contend with before casting their ballots in November. But despite the perpetual Read More →
Thomas Bayer, Jr., CFP®, MT Wealth Planner The Tax Cuts and Jobs Act (“TCJA”), signed into law in 2017, represented the most significant overhaul of the U.S. tax code in over three decades. Intended to simplify the tax system, reduce tax rates for individuals and businesses, and stimulate economic growth, the TCJA brought substantial Read More →
The S&P 500 closed the 2nd quarter at all-time highs. Jobs growth remains steady and disinflationary trends resumed during the quarter, contributing to a positive economic outlook. Additionally, Washington stimulus and ongoing enthusiasm for Artificial Intelligence advancements have created a resilient market atmosphere. However, only a select few stocks are driving this remarkable market Read More →
What's Next for the Markets After a 5-Week Winning Streak? Tim Hoyle, CFA, Chief Investment Officer The S&P 500 has advanced 11% year-to-date, while the Dow has recently crossed 40,000, following a 5-week winning streak. This surge to all-time highs is driven by various factors, including jobs and inflation data, interest rates, and notably Read More →
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 →
