Month

December 2019
by David Ruff CFA, Global Portfolio Manager To keep from dampening cheer this holiday season I won’t discuss politics, the economy, or even the markets – although equity markets have been in a giving mood lately. Rather, in this, the giving season, I want to highlight ADRs or American Depositary Receipts, and the role they play...
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by Kevin Kern Managing Partner Back in May, we noted that the House had passed a bill that if approved in the Senate would set sweeping changes to many retirees and beneficiaries of IRAs. Well, it looks like Washington was able to agree on something this year as the Secure Act was passed by Congress in...
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by Dr. Charles Lieberman Chief Investment Officer Investors got two out of three wishes this past week, as a trade deal was finally struck with the Chinese and the U.K. gave Boris Johnson an overwhelming mandate for Brexit.  The remaining open sore for investors is the impeachment of Donald Trump, although that cloud is likely to...
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by Jeff Deiss CFP, AEP, Wealth Advisor Harvesting losses on an annual basis is a prudent strategy that we employ and where we have more flexibility than other money managers because we focus on buying individual securities.  In addition to harvesting losses, investors should recognize that managing your gains is also part of investing (rebalancing).  The...
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by Paul Broughton As we approach year-end it’s appropriate to reflect on what’s taken place and how things look going into 2020.  The current quarter, in particular, is representative of the entire year, in that the headlines seem to be so negative and concerning, even as the markets and economy are looking pretty decent.  This quarter,...
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by Dr. JoAnne Feeney Portfolio Manager Tax-loss harvesting, holiday shopping trends, and 2020 market outlooks take center stage for investors this time of the year. Don’t neglect the first, keep track of the second, and ignore the third. This year, the tax-loss harvesting is a bit more challenging, given the S&P 500’s 25% rise year-to-date....
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by Kevin Kern Managing Partner By now most understand that the popular explanation for the phrase “Black Friday” is because the day represented the point in the year when retailers begin to turn a profit, thus going from being “in the red” to being “in the black”. It can also represent the darkness that has...
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