The Independent Market Observer

The View from the Aisle: Reflections from the Massachusetts Conference for Women

December 27, 2019

Recently, along with some very dynamic colleagues and friends from Commonwealth Financial Network, I had the privilege of attending the Massachusetts Conference for Women. Held in Boston over a packed two days in December, it was the largest women’s conference in the country, boasting more than 13,000 attendees. Here, Giovanna Zaffina and I would like to share our experiences and thoughts.

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The Next Decade: A Humble Approach to Predictions

December 26, 2019

I have been thinking a lot about the next decade. As we enter 2020, we know only a couple of things, but we should keep them in mind as we plan ahead.

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Do You Believe in the Santa Claus Rally?

December 20, 2019

Brad here. At this time of year, we hear a lot about seasonal effects, with the Santa Claus rally at the head of the list. Today, Jim McAllister, director of equity research, takes a look at how much is fiction and how much is fact when it comes to the Santa Claus rally. Thanks, Jim!

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Brexit: The End of the Beginning or the Beginning of the End?

December 19, 2019

Brad here. One of the big political and economic news stories in the past week or so has been the British election. Here to help put that election into context—and think about what it could mean for our investments—is Anu Gaggar, Commonwealth’s international analyst. Thanks, Anu!

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Is Credit a Cause for Concern?

December 18, 2019

Brad here. One of the great things about this blog is that it sparks quite a few questions. When we see the same question popping up, it is something we try to address. Today’s post, by Nick Follett, does just that, looking at some of the dislocations in the financial markets that have been worrying advisors. It is a bit more inside baseball than we normally do here, but it gives a good look at what is really going on. Thanks, Nick!

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Show Me the Money! Private Markets and Alternative Investments

December 6, 2019

Today’s post is brought to you by Rob Kane, a senior investment research analyst on Commonwealth’s Investment Management and Research team. Over to you, Rob!

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November 2019 Jobs Report Preview

December 5, 2019

As I mentioned yesterday, one of the key data points that will determine whether we get a recession sometime next year is whether job growth continues. Tomorrow, we get the November 2019 jobs report. This report is a big one—not only for the economic impact but also for the potential market impact on whether we will really see a Santa Claus rally.

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A Look Back at the Markets in November and Ahead to December 2019

December 4, 2019

November was a great month for U.S. markets, with the S&P 500 up by 3.63 percent, the Dow up by 4.11 percent, and the Nasdaq up by 4.64 percent. All three indices are now up by more than 20 percent for the year. As we celebrated Thanksgiving, we had a lot to be thankful for. The news abroad wasn’t as good. But it also wasn’t as bad as the headlines might have suggested, as developed markets were up by 1.13 percent and emerging markets were down by just 0.13 percent. Given the headlines, those results are also pretty good.

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A Time to Give Thanks

November 27, 2019

It has been proven that being grateful is one of the best ways to make your life better—to be both happier and more successful. Here on the blog, I try to focus on gratitude a couple of times a year. Of course, Thanksgiving is the perfect occasion to take a break and think about all the things we have to be grateful for.

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12 Record Highs for the S&P: What Does It All Mean?

November 26, 2019

This morning, I saw a commentary piece that pointed out we have had 12 record highs for the S&P 500 in the past month. A record is usually a big deal, and I often get calls to comment on what it all means. But I have to admit, I did not realize there had been that many in the past month. So, what does this series of highs mean, if anything?

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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.

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

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