Weekly Market Commentary February 24, 2021

Weekly Market Commentary February 24, 2021 The Markets It’s a contrarian’s dream come true. Contrarian investors like to buck the trend. They buy when other investors are selling and sell when others are buying. Last week, Bank of America (BofA) delivered a contrarian’s dream. BofA’s monthly survey of 225 global asset managers, who are responsible… Read more »

Weekly Market Commentary February 10, 2021

Weekly Market Commentary February 10, 2021 The Markets It’s not a black diamond ski run yet, but the yield curve for U.S. Treasuries is steeper than it has been in a while. A yield curve is the line on a graph showing yields for different maturities of bonds. Yield curves provide insight to bond investors’… Read more »

Weekly Market Commentary February 3, 2021

Weekly Market Commentary February 3, 2021 The Markets They say people watching the same event often see different things. That seems to have been the case last week when share prices of a few companies experienced tremendous volatility. Some cast the events as a David vs. Goliath morality tale, however, Michael Mackenzie of Financial Times… Read more »

Weekly Market Commentary January 27, 2021

Weekly Market Commentary January 27, 2021 The Markets Last week, as COVID-19 vaccination efforts continued, there was speculation about stock market corrections and asset bubbles. On Sunday morning, Bloomberg reported 63 million doses of the coronavirus vaccine had been administered across 56 countries. In the United States, 21.1 million shots have been delivered – about… Read more »

Weekly Market Commentary January 20, 2021

Weekly Market Commentary January 20, 2021 The Markets Investors were rocked by economic data showing the economy hit the brakes hard in December. Last week, major U.S. stock indices decelerated as investors gaped at the economic damage caused by the rising number of coronavirus cases around the world. There have been more than two million… Read more »

Weekly Market Commentary January 13, 2021

The Markets The event at the United States Capitol building had a resounding impact around the world, but it didn’t deter global stock markets. Last week, investors weighed the violent disruption of America’s 2020 presidential election process against the outcome of the Senate runoff in Georgia, and decided the latter was more significant. Financial Times… Read more »

2020 Q4 Tax Corner: Important Information for the 2021 Tax Year

We believe that tax management is an integral part of financial planning and portfolio management, and that it is not possible to successfully execute an investment strategy without taking tax planning into consideration. All of Waterford’s planners are Certified Financial Planners and are also either Certified Public Accountants or Enrolled Agents. We employ tax management… Read more »

Charles Schwab Acquires TD Ameritrade

The Charles Schwab Corporation (“Schwab”) completed its acquisition of TD Ameritrade Holding Corporation (“TD Ameritrade”) on October 6th in an all-stock deal valued at $22 billion uniting two of the four largest players in the RIA custody market into one company housing roughly $6 trillion in combined assets and 28 million brokerage accounts. The combination… Read more »