Blog
We personally author periodic letters and presentations to our clients to provide an update on how we are managing their portfolios, our view on economic conditions, and important updates on financial planning topics. We post some of that content to this blog for public viewing. We hope you find the content useful.
The failure of Silicon Valley Bank (SVB) was the dominant story during the last quarter. Several other relatively small banks showed signs of distress, which shook markets. The Federal Reserve (Fed) stepped up and injected significant amounts of cash into the banking system to help counter any “run on the bank” contagion. It was a successful maneuver. The year 2022 was certainly a year to forget in investment markets. Throughout the course of the year, stock markets experienced steep declines, as well as several powerful “buy the dip” rallies. This behavior is consistent with past corrections from bubble level valuations. The S&P 500 index, representing large US companies, ended the year with a powerful rall When I was in business school, we learned about the fundamentals of accounting to be able to measure the health of a company and to determine its current value. In more advanced courses, we learned how to make financial projections and we studied ways to optimize our decision-making based on these estimates. With the advent of powerful computers, and now even artificial intelligence You have no doubt heard of the sixteenth century prognosticator known as Nostradamus. His long record of exceptionally vague predictions has taken on a life of its own and he has been credited with predicting centuries worth of historical events. Often, his words can be twisted into a pretzel to make some conspiracy theory seem credible. A modern fol As you might imagine, it has been a pretty intense five months as an investment advisor representative. Oddly enough, I’m feeling old these days, despite only being forty-four, as I remember the many times I’ve experienced bear markets in my career. At each of the past bear markets, I recall stories from other veteran advisors about how this time was unprecedented in the Stocks around the globe continued to surge in the second quarter. The U.S and developed international markets led the way, with the S&P 500 Index gaining 8.5% and developed international stocks rising 5.7%. Emerging-market stocks trailed in terms of progress on the COVID-19 front and in turn rose by a more modest 4.9%. In bond markets, the 10-year Treasury bond pricesFirst Quarter 2023 – Recession Still Likely
Submitted by Alsworth Capital Management, LLC on May 15th, 2023
Fourth Quarter 2022 - Type 2 Thinking
Submitted by Alsworth Capital Management, LLC on January 29th, 2023
Third Quarter 2022 – The Sloth Value Strategy
Submitted by Alsworth Capital Management, LLC on October 27th, 2022
Second Quarter 2022 – Nostradamus and Rose Filled Nose Cones
Submitted by Alsworth Capital Management, LLC on July 12th, 2022
Watch Out for the Second Shot
Submitted by Alsworth Capital Management, LLC on May 19th, 2022
First Quarter 2022 – TINA (There Is No Alternative) Until There Is
Submitted by Alsworth Capital Management, LLC on April 20th, 2022
Fourth Quarter 2021 – FOMO and Diversification
Submitted by Alsworth Capital Management, LLC on January 26th, 2022
Third Quarter 2021 - China Spooks Markets
Submitted by Alsworth Capital Management, LLC on October 22nd, 2021
Second Quarter 2021 - Waking Up The Inflation Dragon
Submitted by Alsworth Capital Management, LLC on July 26th, 2021