by Kevin Kelly Portfolio Manager While fixed-income investors have enjoyed relatively strong returns in the first half of 2019 after a tough 4Q18, most are likely trying now to handle lower interest rates and very tight credit spreads. As a reminder, the credit spread is the incremental yield an investor demands on a corporate bond versus...Read More

by Dr. Charles Lieberman Chief Investment Officer Fed Chairman Jerome Powell signaled quite clearly that the FOMC will lower its policy rate at its July meeting. But should it? Powell justified reducing rates by pointing to inflation being below the Fed’s 2% target, while the trade war with China and weaker growth overseas increase uncertainty over...Read More

by Jeff Deiss CFP, AEP, Wealth Advisor With the equity market indices (Dow Jones Industrial Average, S&P 500 index) hitting all-time highs recently, most investors are feeling good financially. We’ve been writing recently about the behavioral aspects of investing and how our emotions play a role. Why? As a reality check and a reminder that things...Read More

By: Paul Broughton Original Content by ACM Wealth July 1st marked the point of the longest economic expansion in U.S. history which started on June 1, 2009.  And this past week saw all three major equity indices reach all-time highs.  In the first half of 2019, the S&P climbed 18.5%, having had its best first half...Read More

By Jeff Deiss, CFP, AEP, Wealth Advisor Original Content by ACM Wealth There are plenty of articles on what your child should bring with him/her to college, how to decide on a major, and even how to deal with a new roommate, but nobody ever talks about what happens when things go wrong. Before your...Read More

By David Lieberman, Managing Partner, Portfolio Manager I was recently coaching my son’s travel baseball team for a typical game during our busy summer season and one of the kids on our team was batting while I was manning first base. The first pitch arrived, a close pitch but probably just a bit too far...Read More

By Randall Coleman, Portfolio Manager, CFA Original Content by ACM Wealth It’s not hidden, it’s not a secret, and everyone is part of it. Hidden in plain view are the demographic trends that drive the long-term evolution of populations and by, extension, societies. Frequently, short-term market gyrations capture investor interest at the expense of inexorable trends...Read More

By Jeff Deiss, CFP, AEP, Wealth Advisor Original Content by ACM Wealth We wrote a piece in 2017 about the importance of maintaining equities in your portfolio and how, academically, equities provide the best investment outcome over long periods of time.  In contrast to what we know academically, we also talked about the psychological benefits...Read More

Original Content by ACM Wealth Written by Pimm Fox (Bloomberg: June 3, 2019) — When markets start playing an unfamiliar tune, it’s worth listening to an experienced money manager such as Chuck Lieberman, a founding member of Advisors Capital Management, former chief economist at Chase Bank and former head of the monetary analysis staff at...Read More

Original Content by AMC Wealth Written by Jeff Deiss, CFP, AEP, Wealth Advisor In investing, cash is generally viewed as something best avoided or minimized. Holding some may be necessary for basic liquidity/emergency needs, but mainstream investment advice is to keep as little on hand as possible and to put the rest to work toward...Read More