by Clearview Wealth Solutions | Apr 17, 2019 | Monthly Updates
Is this another IPO boom signaling a market top? Lyft recently came public but had a disappointing IPO. Shares were priced at $72, traded as high as $88.60 on the first day of trading, and currently trade at $57. More IPOs are on the way. Coming soon are Uber,...
by Clearview Wealth Solutions | Mar 29, 2019 | Recent Commentary
What a difference a quarter can make. Last week Fed Chairman Powell all but admitted that he and the Fed were wrong raising the Fed funds rate in December and all but called off interest rate increases in 2019. They expect one increase in 2020. The initial market...
by Clearview Wealth Solutions | Mar 14, 2019 | Monthly Updates
By now you have seen the media wish the bull market a happy 10th birthday (March 9th) although it came close to ending earlier since we had two 19% corrections along the way (2011, 2018). Bulls remind us that bull markets don’t die from old age. It’s recessions that...
by Clearview Wealth Solutions | Mar 7, 2019 | Recent Commentary
The stock market continues its amazing run from the December 24th low and is now up about 18% since then. The percentage of stocks in the S&P 500 that are trading above their 50-day moving averages crossed above 90% for the first time in nearly three years. A...
by Clearview Wealth Solutions | Feb 15, 2019 | Monthly Updates
The last time the S&P 500 index saw a start as strong as this year was 1991. With a gain of over 9% YTD, it is the eighth best start in the index’s history. Looking at similar periods, the median return for the remainder of the year was 8% (source: Bespoke...
