by Matt Rust | Sep 10, 2019 | Commentary
As August arrived, we told clients to expect volatility to increase but that there was little reason to “run for the hills” and sell everything. Our expectation was that there would be a slight downward bias in stock prices along with the volatility but no dramatic...
by Matt Rust | Aug 26, 2019 | Commentary
Stocks started the day modestly higher ahead of a very important speech given by Federal Reserve chairman Jerome Powell. Powell is in Jackson Hole, WY along with other central bankers who gather there every year to exchange ideas. Many important announcements over the...
by Matt Rust | Aug 20, 2019 | Commentary
“Dow tanks 800 points in worst day of 2019” – CNBC.com 8/14/19 In my last letter to clients, I pointed out how eager news outlets are to print eye-catching headlines referencing the number of points the Dow Jones Industrial Average drops. Well, today was another...
by Matt Rust | Aug 6, 2019 | Commentary
“Dow plunges XXX points in worst day of XXXX!” -CNBC.com I purposely left out the numbers because they ultimately do not matter. During my 28-year career, I have seen this headline XXX,XXX times. I expect to see it another XXX,XXX times before I retire. OK. So, today...
by Matt Rust | Jan 8, 2019 | Commentary
The fourth quarter of 2018 has seen an uptick of volatility along with a decline in stock prices. There is a lot of confusion and concern on the part of investors who fear that 2019 will see a continuation of this decline. I would like to offer our view of what has...
by Matt Rust | Oct 24, 2018 | Commentary
Heading into the 9:30am ringing of the opening bell, the Dow Jones Industrial Average (“DJIA”) was set to open down 450 points from yesterday’s close. Does this mean stocks are finally crashing and wiping away all those gains since the Great Recession of 2008? As I...
