The bond market sustained its latest broadside from the U.S. hot economic data warship on Thursday. Not only did the advance reading for 2024 Q1 U.S. GDP come in weaker than expected, but inflation readings also came in hotter than expected. This “stagflationary” barrage was enough to propel Treasury yields to their highest levels in more than six months. What …

The long overdue correction has finally arrived. No sooner did the market peak at 5264 on the last trading day of March than the calendar flipped to the start of the second quarter and the market has been moving sustainably to the downside. Now that the correction is underway, how low can we reasonably expect the market to go? Why …

The latest reading on monthly inflation came in hot once again on Wednesday. Predictably and understandably, both stocks and bonds did not like the news. While concerns about the latest CPI report may be overdone, some broader market signals may be suggesting that the longer trend of easing inflationary pressures may be at increasing risk. Hot, hot, hot . . …

When thinking about diversification, investor minds often focus on the relationship between stocks and bonds.  But a variety of other asset classes also exist.  One such category is gold. Quarter century winner. Suppose you were presented with the following question: “what between U.S. stocks and gold has been the best performing investment category over the past 25 years?”  Understandably, the …

One of GVA’s foundational principles is building an ecosystem that enables our advisors to provide comprehensive financial planning services. We understand it would be nearly impossible for an advisor to have specialized knowledge for every scenario. As such we have built a dynamic technology stack and assembled a best-in-class team to ensure our advisors always have access to an expert, …

Hard to believe the first quarter of 2024 is drawing to a close. As we pass the 3/4 pole in our 8 furlong race through the calendar year, it is worthwhile to assess the key market events that are now behind us and what lies ahead in the horse race to the year-end finish line. Starting gates. A key market …

Investors are being provided with some meaningful signals for optimism as the sun brightens and the weather warms with the summer about to begin.  This does not mean, however, that we should be ready for blue skies from now on, as the blue days that made markets challenging at times over the last eighteen months may not yet be gone. …

“Sell in May and go away” is an age-old stock market adage.  It’s based on the principle that stocks historically have performed better during the period from November to April versus the stretch from May to October.  Does this maxim still hold up today? Meaningful historical outperformance. The notion of “sell in May and go away” does have merit.  For example, …

Summary The S&P 500 hit a new high for the year, but several signs of downside pressure continue to accumulate under the surface. U.S. mid-caps and small-caps are lagging, and the stock market rally has an increasingly narrowing breadth. The potential exists for this pressure to pull stocks back to the downside, but it also offers better entry points for …

Investors have no shortage of things to worry about in the current environment.  The threat of a looming economic recession, banking crises, and the ongoing debt ceiling debate are just a few of the current threats.  As a result, investors are understandably nervous about getting blindsided by a sudden and sharp downside move in the stock market.  Fortunately, the market …