We recently held our 2023 Midsummer Economic Outlook event in Avalon, NJ. Haverford CIO Tim Hoyle, CFA joined Partner and Head of Policy Research for Strategas Securities Daniel Clifton, to provide insights on policy, geopolitics, and their potential impact on the markets. Click on the segments below to see highlights from the event. Read More →
By: Tim Hoyle, CFA, Chief Investment Officer We were delighted to welcome Dan Clifton, Head of Washington Research for Strategas Research Partners, as a featured guest at our Midsummer Outlook Brunch in Avalon. Dan thrived in the salt air as he provided a comprehensive overview of policy and politics, covering an extensive range of Read More →
Reports of the Dollar's Demise are Greatly Exaggerated By: Tim Hoyle, CFA, Chief Investment Officer Saudi Arabia and China have recently accelerated yearslong negotiations to price oil contracts in Chinese yuan. These plans are consistent with China’s long-term goals to internationalize the yuan and chip away the U.S. dollar’s economic hegemony. Combined with crypto Read More →
An Excess of Deposits Proves to be a Financial Excess By: Tim Hoyle, CFA, Chief Investment Officer In our 2023 Outlook, we noted few signs of financial excess that would be cause for immediate concern. An excess of bank deposits was last on any list of possible problems one would expect to cause Read More →
Last month we introduced our new President, Keith Aleardi, CFA. Read below to get a better insight into who our new President is. What was your first interaction with Haverford? About 30 years ago I was a financial advisor at Merrill Lynch and I remember hearing about the Quality Investing philosophy Read More →
By: Timothy A. Hoyle, CFA, Chief Investment Officer After suffering a classic run-on-the-bank, the FDIC has taken control of SVB Financial Group, the parent company of Silicon Valley Bank. Following the announcement of major losses in their bond portfolio and a botched equity raise, social media lit up with recommendations for clients to withdrawal Read More →
Each of our team members play an important role every day at Haverford. In honor of Women's History Month, we are proud to shine a spotlight on the intelligent, hard-working, and talented women on our team. We sat down with women from all areas of the business to get their insight and perspective on Read More →
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 →
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 →
