The Independent Market Observer

Chris Fasciano

With Commonwealth since December 2014, Chris is the firm’s chief market strategist. In this role, Chris represents Commonwealth in various media appearances, advisor speaking events, and Commonwealth conferences. Prior to this role, he spent 10 years as a portfolio manager involved with asset allocation, fund selection, and overall management of Commonwealth’s discretionary platform. Before joining Commonwealth, Chris worked for 20 years in small- and mid-cap stock research and managed small- and mid-cap value portfolios for institutional and high-net-worth clients. Chris earned his degree in economics from Bates College and his MBA from the UNC Kenan-Flagler Business School. Outside of work, Chris enjoys spending time with his family and rooting for local sports teams. In his free time, he runs, bikes, and works in his vegetable garden.

Recent Posts

Value Is Growth, and Growth Is Value?

January 10, 2020

Brad here. One of the major discussions we have internally is how to allocate investments, with one of the biggest open questions being whether growth or value will do better going forward. Here is a detailed discussion of that by Chris Fasciano, a portfolio manager on Commonwealth’s Investment Management and Research team. Our internal asset management team stewards more than $7 billion in client assets, and this is a rare chance to pull back the curtain and listen to the discussion. Over to you, Chris!

Continue reading → Leave a comment

Subscribe via Email
TMO_IMO_615x408_sidebar

 

Episode 20
June 17, 2026

Episode 19
May 13, 2026

Episode 18
April 15, 2026

Episode 17
March 18, 2026

Episode 16
February 11, 2026

More
Insights_CTA_IMO_233x400-1

Hot Topics
New Call-to-action

Archives

see all

Subscribe

Disclosure

The information on this website is intended for informational/educational purposes only and should not be construed as investment advice, a solicitation, or a recommendation to buy or sell any security or investment product. Please contact your financial professional for more information specific to your situation.

Certain sections of this commentary contain forward-looking statements that are based on our reasonable expectations, estimates, projections, and assumptions. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Past performance is not indicative of future results. Diversification does not assure a profit or protect against loss in declining markets.

The S&P 500 Index is a broad-based measurement of changes in stock market conditions based on the average performance of 500 widely held common stocks. All indices are unmanaged and investors cannot invest directly in an index.

The MSCI EAFE (Europe, Australia, Far East) Index is a free float‐adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the U.S. and Canada. The MSCI EAFE Index consists of 21 developed market country indices.

The Dow Jones Industrial Average is computed by summing the prices of the stocks of 30 large companies and then dividing that total by an adjusted value, one which has been adjusted over the years to account for the effects of stock splits on the prices of the 30 companies. Dividends are reinvested to reflect the actual performance of the underlying securities.

The Russell 2000 is a market-capitalization weighted index, with dividends reinvested, that consists of the 2,000 smallest companies within the Russell 3000 Index. It is often used to track the performance of U.S. small market capitalization stocks.

One basis point (bp) is equal to 1/100th of 1 percent, or 0.01 percent.

The VIX (CBOE Volatility Index) measures the market’s expectation of 30-day volatility across a wide range of S&P 500 options.

The forward price-to-earnings (P/E) ratio divides the current share price of the index by its estimated future earnings.

Third-party links are provided to you as a courtesy. We make no representation as to the completeness or accuracy of information provided on these websites. Information on such sites, including third-party links contained within, should not be construed as an endorsement or adoption by Commonwealth of any kind. You should consult with a financial advisor regarding your specific situation.

Member FINRA, SIPC

Please review our Terms of Use. 

Commonwealth Financial Network®