Market Commentary: March 10, 2023

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 →

2023-03-10T21:59:07+00:00March 10th, 2023|

Market Commentary: February 16, 2023

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 →

2023-02-16T19:56:23+00:00February 16th, 2023|

The Bulls Have It In 2023 – And Last Year’s Losers Are Winners

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 →

2023-01-30T16:47:17+00:00January 30th, 2023|

Hank Smith Drive to Close

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 →

2023-01-24T13:53:13+00:00January 24th, 2023|

Radnor Investment Advisor Hank Smith Predicts Very Mild Recession

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 →

2023-01-20T15:26:21+00:00January 20th, 2023|

Here’s what Philadelphia-area financial services executives are advising their clients to do in 2023

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 →

2023-01-20T15:18:46+00:00January 20th, 2023|

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