by Michael Lecours | Aug 1, 2013 | Politics & the Economy, Uncategorized
There has been a lot of talk these last few months about what will happen to portfolios when the Fed eventually raises interest rates. The Fed will only make changes to its low-interest policy when the economy confirms it will continue to improve. The earliest the...
by Michael Lecours | Jul 22, 2013 | Economy, Politics & the Economy, Uncategorized
NY Times just released the results of a fascinating study about upward mobility in the United States. The results show that a child who grows up in Bridgeport, CT area with parents who earn in the 10th percentile ($16k), ends up, on average, in the 38th percentile....
by Michael Lecours | Jun 21, 2013 | Economy, Finding Confidence, Politics & the Economy, Uncategorized
It’s been a big week! But don’t lose focus on the long term. Too many people are making a big deal over the Fed’s announcement earlier this week, resulting in traders kicking up a lot of dust in the markets and the talking heads dissecting the meaning of the...
by Michael Lecours | May 1, 2013 | Politics & the Economy, Trend Updates, Uncategorized
In reviewing asset class trends for The Active Asset Allocation Portfolio, I saw a divergence of two asset classes – emerging markets and developed markets. I wanted to explore why this is happening. We find this to be a rather unique situation, as emerging...
by Michael Lecours | Apr 20, 2013 | Economy, Politics & the Economy, Uncategorized
The following comment was included in the newsletter we sent to our clients at the end of September. It was written during a period where many were unsure how the election would affect their portfolio. “It’s actually been a pretty good year for most investors....
