by Manchester Financial | Jun 10, 2005 | Economy, Investing, Markets
As of this writing, we believe the S&P 500 is roughly 10% below fair value. This surely doesn’t qualify the market as vastly undervalued, especially in light of the significant risks that are out there, but it does provide some cushion. For us, our analysis always...
by Manchester Financial | Jun 10, 2004 | Economy, Investing, Markets
Rising interest rates, fear that the housing market may be starting to roll over, a growing current-account deficit, volatile commodity prices, ongoing turmoil in the Middle East—all of these concerns have been on investors’ minds lately. Looking past short-term noise...
by Manchester Financial | Mar 30, 2004 | Economy, Financial Planning, Markets
Taking Control of Your Investments in Turbulent Times As the investment markets have dropped significantly from their March 2000 highs, you most likely have watched your portfolio value drop unnecessarily. But at the same time a more worrisome drop may have occurred—a...
by Manchester Financial | Aug 12, 2003 | Economy, Investing, Markets
There are three problems currently facing the economy and markets. First, too much credit was created for individuals, corporations, and government and it needs to be unwound. Individuals and corporations have begun that process and it will continue for several years....
by Manchester Financial | Jan 24, 2003 | Economy, Financial Planning, Markets
As you read the newspaper or listen to the evening news, you hear a litany of reasons explaining our turbulent stock market: the economic recovery has stalled; earnings have disappointed; oil prices are high; deflation seems just around the corner. And to further...
by Manchester Financial | Jan 10, 2003 | Economy, Investing, Markets
While the fourth quarter was strong for stocks and high-yield bonds, it was small consolation in a tough year. For the year, every S&P industry sector was down and eight of the ten experienced double-digit loss. It has been sixty years since the market has fallen...