January 2019

What A Difference A Year Makes

Every year we update this 'quilt' chart of the major asset classes and their performance to illustrate that picking winning asset classes is a fool's errand. But long term returns (far right column) can be deceiving. 

The Range of Annual Returns

At a time when investors have experienced the worst quarter of market returns in perhaps their lifetime it is instructive to review the expectations of long range returns based on various levels of portfolio risk.

Who is Middle Class Nowadays?

New research from the Pew Research center says it matters how big your household is...see below.

News to Make You Feel Good

  • Quietly and unannounced, humanity crossed a truly amazing threshold this year. For the first time since agriculture-based civilization began 10,000 years ago, the majority of humankind is no longer poor or vulnerable to falling into poverty. (Brookings)

A Look at Big Moves in the Markets

Some interesting comparisons of major one-day market moves.

Happy New Year!