October was a good month for our investors. Our clients’ IM reports are available in their secure portals. Note: The calculation used to determine investment returns experienced by our clients is called the internal rate of return. It is cash flow specific and is net of all fees and expenses. Investment return information is provided by Morningstar using GIPS standards.… Read more →
Tag: Fed
About the yield curve…
Earlier today, June 25 I observed an interview with Jim Bullard, Pres. of the Federal Reserve Bank of St. Louis. Jim is also a voting member of the Federal Open Market Committee (FOMC), the group of (mostly) economists who make policy decisions regarding our central bank. Subsequent to that I observed an interview with the current Fed chairman, Jerome Powell.… Read more →
4th Quarter Investment Results and More.
Our investment management clients will now find preliminary 4th quarter reports posted in their secure folders. The cost of living decreased by approximately 0.15%. Final inflation numbers will become available around the 20th of January. Category returns for the quarter, and the year are shown below. Investment Category Representative ETF 2015,Q4 2015 iShares NASDAQ Biotechnology (IBB) 10.95 5.21 Vanguard Healthcare (VHT) 7.99… Read more →
And what about “The Taper”?
Things were going along pretty well this year, until Fed chairman Bernanke indicated that he might “taper” the bond buying stimulus, causing market makers and hedge fund managers to decide to take profits. As a result, most investment assets lost value. Read more →