by Randall Coleman, CFA Portfolio Manager, CFA Hi. My name is Randall and I am an addict: I ride my bicycle long distances. I’m not one to brag, but most people that I know agree that riding a bike 200 miles in a single day qualifies as a “long-distance endurance event.” I completed my 64th...Read More

by Jeff Deiss CFP, AEP, Wealth Advisor “Olympic athletes are at the peak of their careers, but even they need rest days to stay healthy.  The markets and the economy are no different.  Sometimes they need to reset from record-setting performance, too.“ Following the recent stock market volatility in May, we wrote about emotional investing and...Read More

by David Lieberman Managing Partner, Portfolio Manager Last year one of the players on my 9-year-old son’s baseball team was hit by a pitch in the neck and was removed from the game. While initially scary, after some icing and time on the bench he was physically fine. Mentally, however, the event had a more enduring...Read More

By Dr. JoAnne Feeney Portfolio Manager The recent escalation in trade tensions, following Trump’s announcement that he intends to impose a 10% tariff on the remaining $300 billion of Chinese imports, has sent markets into another downward spiral and pushed volatility (as measured by the VIX) back above 20. A 10% tax on the rest...Read More

by Jeff Deiss CFP, AEP, Wealth Advisor With kids home from school and summer jobs on their minds, we thought we’d share some info on how you can provide some additional financial motivation and perhaps give them a bit of an education at the same time. You can open a Roth IRA in the name of...Read More

by Dr. JoAnne Feeney Portfolio Manager Nearly half of the S&P 500 companies have now reported results for last quarter and the vast majority of them are beating expectations. This is not as good as it sounds. Expectations were low to begin with and those “beats” continue to point to another quarter of lower earnings, relative...Read More

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