One of the more vocal arguments against value investing stems from a belief that we’re in a “new normal” environment where innovative, or high-tech, companies have a leg up on “old guard” industries, such as energy or financials.
The market recovery has hit a bump due to uncertainty around interest rates and the Fed. Rates have driven markets all year with significant impacts on stock and bond prices, economic growth, the housing market, and more.
The week started with a thud and ended with an even bigger thud. The common catalyst was Fed Chair Powell's policy speech at the Jackson Hole Economic Policy Symposium.
Despite the first two quarters of 2022 bringing the worst US bond market returns since 1980, July delivered a positive beginning for bonds in the third quarter.
We are pleased to announce that Financial Synergies Wealth Advisors has been selected to Financial Advisor Magazine's list of America's Top RIAs for 2022.
Weekly Market Recap – August Job Growth, Rising Oil Prices & Interest Rates, & Next Week’s Fed Meeting