Fast-Moving Bear Market Triggers Portfolio Rebalancing

By |2020-04-08T09:26:25-08:00March 20th, 2020|Market Commentary|

Time to Read: 6 Minutes Five short weeks ago, the US stock market was sitting at all-time highs—then everything changed. As the novel coronavirus began establishing a foothold in countries around the world, US stocks entered bear market territory with record-setting speed. In this article, we look at the current bear market and implications for

Markets Plunge as Coronavirus Spreads: What to Watch Next

By |2020-04-08T09:26:25-08:00February 27th, 2020|Market Commentary|

Time to Read: 6 minutes After weeks of coronavirus news coverage and considerable handwringing, markets (finally) took a steep tumble as the fear factor intensified. With the virus spreading to more locations—making it clear that China’s quarantine efforts have fallen short—and the Centers for Disease Control and Prevention warning Americans to brace for a widespread

The Next Recession: Bernanke’s Views on 3 Likely Causes

By |2020-04-08T09:26:25-08:00February 18th, 2020|Market Commentary|

Time to Read: 7 Minutes In July 2019, the US economic expansion crossed the 121-month mark, stealing the crown for the longest uninterrupted stretch of post-war growth from the economic boom of the 1990s. As the expansion—now in month 127—continues to grow longer, our clients have been asking, “When will the next recession occur?” Analyzing

2020 Market Outlook Webinar Recap

By |2020-04-08T09:32:37-08:00January 17th, 2020|Market Commentary|

Time to Read: 3 Minutes Central banks around the world supported the rally in equity markets in 2019. We continue to see signs of global economic recovery but expect more market volatility in 2020 than we saw in 2019. We remain slightly underweight equities and overweight on high-quality bonds while we continue to assess the

Could the Iran Crisis End the Bull Market?

By |2020-04-08T09:26:25-08:00January 7th, 2020|Market Commentary|

Time to Read: 5 minutes General Qassem Soleimani, head of Iran’s elite military force and one of the most powerful figures in the Islamic Republic, was killed by an airstrike in Baghdad on Friday, January 3rd, 2020. The Trump administration ordered the airstrike to deter “imminent and sinister attacks on American diplomats and military personnel.”

Signs of Global Recovery

By |2020-04-08T09:26:25-08:00November 25th, 2019|Market Commentary|

Time to Read: 4 Minutes | At Brown Wealth Management, we closely monitor global economic indicators to guide changes in client portfolios. Recently, signs of global economic recovery have emerged. A combination of much easier global monetary policy and a modest reduction in geopolitical risk (i.e., the U.S.-China trade war and Brexit) are likely partially

Fed Cuts, Recessions and Stock Market Performance

By |2019-10-18T04:03:03-08:00September 13th, 2019|Market Commentary|

Time to Read: 7 minutes In our latest webinar we discussed all the media coverage around a potential recession in the United States. In that presentation, we featured a version of the table below. which is Ned Davis Research’s (NDR's) Recession Watch Report. The table features ten key indicators that have historically been indicative of