The pattern of stock market returns have largely followed history under Trump’s presidency so far, with the best year in the third year of his term (2019 – S&P 500 up 31%), the worst year in year two (2018 – down 5%) and year one somewhere in the middle (2017 – up 22%). So what… Read more »
The Outsized Effect of Trade on Growth
As part of the financial planning process at Ogorek Wealth Management, we talk about how market volatility is a normal part of investing and how we structure your investments to “weather the storm” which will maintain a comfortable level of income for you and your family during turbulent times. We also understand that even… Read more »
The five largest S&P 500 companies – Apple, Microsoft, Alphabet (Google), Amazon and Facebook – now make up an astounding 18% of the total index, the highest percentage in history. The first four of these companies are now worth over $1 Trillion apiece, as of early February 2020. As long as these top five… Read more »
If you count 2018’s fourth-quarter drop in stocks as a bear market (stocks fell 19.5% instead of the 20% required for a technical “bear market”), 2019’s recovery (blue line on the chart below) is right in line with the average historical recovery following bear markets (red line). What’s more, the chart suggests the stock market… Read more »
The Federal Reserve began lowering interest rates this year and has now done so a total of three times (with the latest cut just days ago). The graphic below from the Wall Street Journal shows how the stock market has fared in the six months following a string of three rate cuts. As you… Read more »
Economist and investors have long been pondering the cause of the structural decline in interest rates over the past 40 years, blaming stubbornly low inflation, low growth overseas and the recent financial crisis. But is the explanation something much more simple?
Many investors felt that Altria (formerly known as Philip Morris) was as safe an investment in the stock market as possible. The company’s customers are literally addicted to its product (nicotine) and the company offered a very high dividend yield.
For those looking to refinance their mortgage (or with children looking to purchase a new home) now may be a great time: the average 30-year, fixed rate mortgage now stands at around 3.56%, a three-year low.
The last week has seen a sharp reversal in the best and worst performing stocks. The stocks driving the market gains throughout the year have given way to the laggards over the last few trading sessions.