Month

January 2020
by Joseph Pecoraro Investors and the media look to the S&P 500 index to benchmark portfolio stock performance.  Many investors believe that by purchasing the index they have a diversified equity portfolio.  This couldn’t be further from the truth. The S&P 500 index is a top-heavy index that is weighted towards large cap, or mega cap...
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by Dr. Charles Lieberman The stock market doesn’t need a reason to go down.  Nonetheless, we remain positive on its prospects for 2020, given that we see little risk of recession, a deal with China on trade, moderate GDP growth, a resumption in growth in corporate profits, still moderate inflation and a Fed likely to keep...
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by Dr. JoAnne Feeney Portfolio Manager The broader U.S. economy appears to be growing solidly, yet many pundits wonder for just how long stocks can continue to rise. Valuations in most sectors are markedly above 5- and 10-year averages. Still, the big picture reveals that employers are creating more jobs (even with labor in short supply),...
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by Jeff Deiss CFP, AEP, Wealth Advisor With all the news reviews of the past year and decade coming across your desk or screen this week, we wanted to take the opportunity to thank you for continued trust and support. The past decade and the past year have seen ACM continue to grow and we would...
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by Kevin Kelly Portfolio Manager 2019 was an exceptionally strong year for fixed income, as well as for the equity markets. One consequence is that 2020 will be more challenging and require a somewhat different approach. We are unlikely to see the strong returns we captured in 2019, so we must position for low rates and...
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